It’s been a minute since we discussed the financial blunders of the world, but join us this week to discuss fashion, the cost of kids and the Super Bowl halftime show. We’ll also catch up and talk about what you’ve done this summer.
According to the Primary Mortgage Market Survey released by Freddie Mac, average fixed-rate mortgage rates decreased.
According to the Primary Mortgage Market Survey released by Freddie Mac, averaged fixed-rate mortgage rates moved slightly higher while remaining near this year’s lows during the past month.
The Federal Open Market Committee met yesterday, and things are looking pretty good in the U.S.A. Here’s what the Fed had to say in plain English.
Jobless Claims fell a very surprising 19,000 last week to much lower-than-expected level of 284,000.
New home sales, which surged in May, rose 4 points in July and is at its best level since January.
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Despite mortgage rates that rose just slightly, mortgage applications for home purchases jumped 4% following a run of soft showings.
Pending Home Sales jumped a very strong 6.1%. All regions showed solid gains in this area, but were led by the Northeast, which has proven to be the strongest region for existing home sales.
The Federal Open Market Committee met today and sent out their press release about the meeting. Find out what exciting things are happening in the latest “Fed Release in Plain English.”