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Michael Bock and Theresa NeSmith

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Team Mortgage Mikes June 18, 2021

FOMC Statement: Fed Predicts 2 Interest Rate Hikes in 2023

The Federal Open Market Committee of the Federal Reserve said in its post-meeting statement that the Federal Reserve expects to raise its benchmark interest rate range twice during 2023. No rate changes will be made during 2022 as the economy continues to recover from the Covid-19 pandemic. The Fed’s current interest rate range is 0.00 to 0.25 percent.

Filed Under: Financial Reports Tagged With: COVID 19, Inflation, Interest Rates

Team Mortgage Mikes June 14, 2021

What’s Ahead For Mortgage Rates This Week – June 14, 2021

Last week’s economic reporting included readings on job openings, inflation, and consumer sentiment. Weekly reports on mortgage rates and jobless claims were also released.

Filed Under: Financial Reports Tagged With: Financial Report, Jobless Claims, Mortgage Rates

Team Mortgage Mikes June 7, 2021

What’s Ahead For Mortgage Rates This Week – June 7, 2021

Last week’s economic reporting included readings on construction spending and public and private-sector employment data. Weekly reports on mortgage rates and jobless claims were also released.

Filed Under: Financial Reports Tagged With: Financial Report, Jobless Claims, Mortgage Rates

Team Mortgage Mikes June 2, 2021

Case Shiller: Home Prices Rise at Fastest Pace Since 2005

March readings for S&P CoreLogic Case-Shiller Home Price Indices rose to their highest level since 2005 in March. National home prices rose by 13.20 percent year-over-year as compared to February’s reading of 12.00 percent growth. The Case-Shiller 20-City Home Price Index reported average year-over-year home price gains of 13.30 percent in March. Phoenix, Arizona continued to lead the 20-City Index with a year-over-year home price growth of 20 percent. San Diego, California followed with home price growth of 19.10 percent; Seattle, Washington reported year-over-year home price growth of 18.30 percent.

Filed Under: Financial Reports Tagged With: Case-Shiller, Financial Report, Housing Market

Team Mortgage Mikes June 1, 2021

What’s Ahead For Mortgage Rates This Week – June 1, 2021

Last week’s economic reports included readings on home price growth, new and pending home sales, and inflation. Weekly readings on mortgage rates and jobless claims were also released.

Filed Under: Financial Reports Tagged With: Financial Report, Jobless Claims, Mortgage Rates

Team Mortgage Mikes May 24, 2021

What’s Ahead For Mortgage Rates This Week – May 24, 2021

Last week’s economic reporting included readings from the National Association of Home Builders, data on sales of existing homes, and reports on housing starts and building permits issued. Weekly readings on mortgage rates and jobless claims were also released.

Filed Under: Financial Reports Tagged With: Case-Shiller, Financial Report, Jobless Claims

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Michael Bock
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Michael NMLS #1749855
Theresa NMLS #1996065

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Michael Bock | NMLS #1749855
Theresa Bock | NMLS #1996065
Licensed Mortgage Loan Originators
Bock Mortgage Group LLC. | NMLS# 2504921

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Florida · Clearwater, FL · Pinellas County, FL · Brandon, FL · Pasco, FL · Saint Petersburg, FL · Wesley Chapel, FL · Riverview, FL · Tampa, FL

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