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What’s Ahead For Mortgage Rates This Week – September 5, 2023

September 5, 2023 by Robby Oakes

Inflation rose at a pace of 0.20 percent in July and met analysts’ expectations. There was no change in the pace of month-to-month inflation from June’s reading of 0.20 percent growth. The Consumer Price Index also reported that year-over-year inflation reached 9.10 percent, which was the highest reading since reaching a 40-year high in mid-2022.

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

What’s Ahead For Mortgage Rates This Week – August 7, 2023

August 7, 2023 by Robby Oakes

Last week’s scheduled economic reporting included readings on construction spending, public and private sector payroll growth, and the national unemployment rate. Weekly readings on mortgage rates and new jobless claims were also released.

Filed Under: Financial Reports Tagged With: Case Shiller, Financial Report, Mortgage Rates

What’s Ahead For Mortgage Rates This Week – July 17, 2023

July 17, 2023 by Robby Oakes

The Consumer Price Index for June rose 0.20 percent in June as compared to May’s reading of 0.10 percent growth and expectations of 0.30 percent month-to-month growth. The core CPI reading, which excludes volatile food and fuel sectors, fell to 0.20 percent growth in June as compared to May’s month-to-month reading of 0.40 percent growth.

Filed Under: Financial Reports Tagged With: Case Shiller, Financial Report, Mortgage Rates

What’s Ahead For Mortgage Rates This Week – Juy 3, 2023

July 3, 2023 by Robby Oakes

Freddie Mac reported higher average mortgage rates last week. The average rate for 30-year fixed-rate mortgages rose by four basis points to 6.71 percent; the average rate for 15-year fixed-rate mortgages rose by three basis points to 6.06 percent.

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

S&P Case-Shiller Housing Market Indices: Short Supply of Homes for Sale Pushes Prices Up

June 29, 2023 by Robby Oakes

The top three cities with the highest home price growth rates as reported in April’s S&P Case-Shiller’s 20-City Home Price Index were Chicago, Illinois with a year-over-year home price gain of 4.10 percent; Atlanta, Georgia posted a year-over-year home price growth of 3.50 percent.

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

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