by lizlaurenb | Jun 26, 2024 | Mortgage Rates
As a consumer, understanding these economic trends can empower you to make informed decisions about your mortgage. Let’s discuss some key economic factors that influence mortgage lending and what they mean for you. Interest Rates: The Pulse of Mortgage Lending...
by lizlaurenb | Oct 23, 2023 | Financial Reports
This week featured the usual retail sales report which shows consumer demand and as well as an indicator of the velocity of money, not only for consumers but business to business as well. An increase would show an increase in national and local increase in economic...
by lizlaurenb | Sep 5, 2023 | Financial Reports
Last week’s economic reporting included readings on inflation, consumer sentiment, and weekly readings on mortgage rates and jobless claims. Inflation Rates Are Similar in August Month-to-month, the inflation rate holds relatively steady at 3.18...
by lizlaurenb | Jun 29, 2023 | Financial Reports
April readings for S&P Case-Shiller’s Housing Market Indices showed gains in home prices throughout the U.S. Rising prices were caused by shortages of previously-owned homes for sale and increasing buyer demand as the average 30-year mortgage rate exceeded...
by lizlaurenb | Nov 18, 2020 | Real Estate
Builder confidence in housing market conditions reached a new record high in November according to the National Association of Home Builders. November’s index reading of 90 was five points higher than in October. Index readings over 50 indicate positive builder...
