Financial Reports Archives - Page 39 of 49

Team Mortgage Mikes October 12, 2020

What’s Ahead For Mortgage Rates This Week – October 12, 2020

Last week’s economic reporting included readings on inflation, job openings, a speech by Fed Chair Jerome Powell on the economy, and the latest Consumer Sentiment Index from the University of Michigan. Weekly reports on new and continuing jobless claims and mortgage rates were also released.

Team Mortgage Mikes October 5, 2020

What’s Ahead For Mortgage Rates This Week – October 5, 2020

Last week’s economic news included readings from Case-Shiller Home Price Indices, along with Commerce Department readings on public and private-sector job growth and the University of Michigan’s Consumer Sentiment Index. Weekly reports on jobless claims and mortgage rates were also released.

Team Mortgage Mikes October 1, 2020

Case-Shiller: Home Price Growth Rate Increases in July

Home price growth fueled by high demand for single-family homes was higher in July according to Case-Shiller’s National Home Price Index. Analysts said that millennials seeking to purchase homes and the continued exodus from large urban areas propelled rising home prices. Home prices grew fastest in the West and Southeastern regions.

Team Mortgage Mikes September 28, 2020

What’s Ahead For Mortgage Rates This Week – September 28, 2020

Last week’s economic news included readings on new and existing home sales and Fed Chair Jerome Powell’s testimony on changing the Fed’s business loan policy. Weekly readings on mortgage rates and jobless claims were also released.

Team Mortgage Mikes September 21, 2020

What’s Ahead For Mortgage Rates This Week – September 21, 2020

Last week’s economic news included readings on housing market conditions, housing starts, building permits issued, and consumer sentiment. Weekly readings on mortgage rates and jobless claims were also released.

Team Mortgage Mikes September 14, 2020

What’s Ahead For Mortgage Rates This Week – September 14, 2020

Last week’s economic news included readings on inflation, job openings, and weekly reports on jobless claims and mortgage rates.

Inflation Rate Slows in August

After posting 0.60 percent growth for each month in June and July, the Consumer Price Index rose by 0.40 percent in August. These growth rates offset declines in inflation during the first three months of the COVID-19 pandemic. Used vehicle prices increased after deep discounts offered when the pandemic started; analysts said that rising prices for used vehicles offset losses in previous months and produced low inflation for August.