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Michael Bock and Theresa NeSmith

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Team Mortgage Mikes August 17, 2020

What’s Ahead For Mortgage Rates This Week – August 17, 2020

Last week’s scheduled economic news included readings on inflation and retail sales. Weekly reports on mortgage rates and new and continuing jobless claims were also released. In other news, the FHFA announced an increase in fees charged by Fannie Mae and Freddie Mac for home loan refinance transactions.

Filed Under: Financial Reports Tagged With: Financial Report, Inflation, Mortgage Rates

Team Mortgage Mikes August 10, 2020

What’s Ahead For Mortgage Rates This Week – August 10, 2020

Economic readings released last week included construction spending, public and private-sector job growth, and government reports on initial and continuing jobless claims. Freddie Mac also released its weekly report on average mortgage rates.

Filed Under: Financial Reports Tagged With: COVID19, Financial Report, Residential Construction

Team Mortgage Mikes August 3, 2020

What’s Ahead For Mortgage Rates This Week – August 3, 2020

Last week’s economic reports included readings from Case-Shiller Home Price Indices, data on pending home sales, and the consumer sentiment index released by the University of Michigan. The Federal Reserve released a statement from its Federal Open Market Committee and Fed Chair Jerome Powell gave a press conference. Weekly readings on mortgage rates and expanded reports on jobless claims were also released.

Filed Under: Financial Reports Tagged With: Financial Report, Interest Rates, Unemployment

Team Mortgage Mikes July 20, 2020

What’s Ahead For Mortgage Rates This Week – July 20, 2020

Last week’s economic reports included readings from the National Association of Home Builders on housing markets along with Commerce Department data on housing starts and building permits issued. Weekly reports on mortgage rates and unemployment claims were also released.

Filed Under: Financial Reports Tagged With: Financial Report, Housing Market, Mortgage Rates

Team Mortgage Mikes July 13, 2020

What’s Ahead For Mortgage Rates This Week – July 13, 2020

Last week’s scheduled economic news included readings on consumer credit, job openings, jobless claims, and mortgage rates.

Consumer Borrowing Declined at Slower Pace in May

According to Federal Reserve data, consumer borrowing fell at a slower annual pace of -5.30 percent in May as compared to April’s reading of -20 percent. Non-revolving consumer credit, which includes vehicle and student loans, increased by 2.30 percent in May. The Federal Reserve does not report on real estate loans.

Filed Under: Financial Reports Tagged With: Economic News, Financial Report, Jobless Claims

Team Mortgage Mikes July 6, 2020

What’s Ahead For Mortgage Rates This Week – July 6, 2020

Last week’s scheduled economic reports included readings on pending home sales, Case-Shiller Home Price Indices, and labor sector reports on private and public-sector job growth. Data on construction spending was also released. Weekly readings on mortgage rates and jobless claims were also released.

Filed Under: Financial Reports Tagged With: COVID19, Financial Report, Unemployment

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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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