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RECENT BLOG POSTS
  inShare0   Last week’s economic news supported recent reports that home sales were fewer and home prices increased, but did so at a slower pace. The NAR reported a slower pace of existing home sales, and FHFA reported a slower year-over-year rate of growth for home prices on properties financed...
04/27/2014
  Last week’s economic news supported the general outlook for moderate economic growth. Housing related news included the National Association of Home Builders / Wells Fargo Housing Market Index for April and Housing Starts for March. NAHB: Builder Confidence Holds Steady Amid Concerns The NAHB/W...
04/20/2014
While little housing-related news was released, last week’s economic news showed signs of a brighter economic picture. Labor statistics were stronger, with job openings up and new jobless claims filed lower than expected. Mortgage rates fell, and the University of Michigan’s Consumer Sentiment I...
04/13/2014
Last week’s economic news included readings on February construction spending and multiple reports on employment data.   Private sector employment was higher in March, but The Bureau of Labor Statistics reported that Non-Farm Payrolls for March fell short of expectations. According to Freddie Ma...
04/06/2014
  Last week’s economic news includes several reports about housing markets. The S&P Case-Shiller 10 and 20 city housing market indices, the FHFA House Price Index, New Home Sales and Pending Home sales reports suggest that the national housing market continues to grow, but at lower rates. Region...
03/30/2014
What’s Ahead For Mortgage Rates This Week – March 17th, 2014                 Last week’s economic reports provided rays of light as compared to the recent slump in positive economic news. Unusually severe winter weather conditions affected housing-related indicators as home builders and home buye...
03/23/2014
Last week’s economic reports provided rays of light as compared to the recent slump in positive economic news. Unusually severe winter weather conditions affected housing-related indicators as home builders and home buyers stayed on the sidelines. With spring on the horizon, last week’s economic...
03/16/2014
Last week’s economic news included construction spending and the CoreLogic Home Price Index for January.  Reports for February included ADP Employment, Non-Farm Payrolls and national unemployment data. The Federal Reserve’s Beige Book report and weekly reports on mortgage rates and new unemploym...
03/10/2014
Last week’s economic news was mixed, with new home sales increasing and weekly jobless claims higher than expected. Case-Shiller and FHFA home price reports reflected slower growth in home prices. Mortgage rates moved higher for the third consecutive week. Weakness in the jobs sector and harsh w...
03/02/2014
Last week’s economic data supported recent reports indicating that housing markets are slowing, The National Association of Home builders/Wells Fargo Home Builders Index (HBI) dropped by 10 points to a reading of 46 for February. Home builder confidence dropped to its lowest reading in nine month...
02/23/2014
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Don Grimes

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