Market Outlook

What’s Ahead For Mortgage Rates This Week – Aug 11, 2014

Last week’s housing related news was minimal, but a Federal Reserve survey of senior loan officers revealed that although credit standards for commercial and industrial loans as well as credit cards are easing, current mortgage credit standards are more stringent than in 2005.

By |2017-08-10T02:13:28-04:00August 11th, 2014|Market Outlook|Comments Off on What’s Ahead For Mortgage Rates This Week – Aug 11, 2014

What’s Ahead For Mortgage Rates This Week – Aug 4, 2014

Last week’s economic news included a number of housing related reports. According to the National Association of REALTORS, pending home sales dropped by 1.10 percent in June. The S P Case-Shiller Home Price Index reports for May noted that home prices are growing at a slower rate of 9.30 percent year-over-year than April's year-over-year growth rate of 10.80 percent.

By |2017-08-10T02:13:39-04:00August 4th, 2014|Market Outlook|Comments Off on What’s Ahead For Mortgage Rates This Week – Aug 4, 2014
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