Financial Reports Archives - Page 2 of 7

26

Mar

By

Financial Reports Fed, Financial Reports, Interest Rates

What’s Ahead For Mortgage Rates This Week – March 26th, 2018

Last week's economic releases included readings on new and pre-owned home sales and the Federal Open Market Committee's customary post meeting statement. Fed Chair Jerome Powell gave his first press conference as Chair of the Federal Reserve and FOMC. Weekly readings on mortgage rates and first-time jobless claims were also released. February Sales of Pre-Owned Homes Exceed Expectations, New Home Sales Fall Short Sales of previously-owned homes exceeded expectations at a seasonally-adjusted annual rate of 5.54 million sales. Analysts expected a rate of 5.40 million sales based on January's reading of 5.38 million sales. Lawrence Yun, National Association of Realtors® Chief…

What’s Ahead For Mortgage Rates This Week – March 19th, 2018

Last week's economic news included readings From National Association of Home Builders, Commerce Department reports on housing starts and building permits issued Weekly readings on mortgage rates and new jobless claims were also released. NAHB Posts 3rd Consecutive Decline in Builder Confidence According to the National Association of Home Builders, builder confidence in housing market conditions dropped by one point in March to an index reading of 70. Three sub-categories of builder sentiment used to calculate the overall reading were either unchanged or lower than February readings. Confidence in current market conditions were unchanged at 72, Builder confidence in market…

What’s Ahead For Mortgage Rates This Week – March 12th, 2018

Last week's economic releases included reports on Non-Farm Payrolls, ADP payrolls, and the national unemployment rate. Weekly readings on mortgage rates and new jobless claims were also released. Public and Private Sector Jobs Show Mixed Readings ADP Payrolls reported 235,000 private sector jobs added in February as compared to January's updated reading of 243,000 jobs added. Analysts estimated 205,000 private sector jobs would be added, but this was based on the original reading of 234,000 jobs added. February was the fourth consecutive month when private sector job growth exceeded 200,000 jobs. According to the federal government, Non-Farm payrolls added 74000…