Archives: February 2016

What’s Ahead For Mortgage Rates This Week – February 29, 2016

Walter Whitehurst What’s Ahead For Mortgage Rates This Week – February 29, 2016 Last week’s economic reports included Existing and New Home Sales and Consumer Confidence along with regularly scheduled weekly reports on mortgage rates and new jobless claims. Sales of Pre-Owned Homes Exceed Expectations January sales of previously owned homes rose to an annual […]



December Home Prices Rise According To S&P Case-Shiller Home Price Index

Walter Whitehurst December Home Prices Rise According To S&P Case-Shiller Home Price Index Home prices rose slightly in December according to S&P Case-Shiller Home Price Indices released Tuesday. According to the S&P Case-Shiller 20-City Home Price Index, which covers cities representing all nine US Census divisions, home prices rose 5.40 percent year-over-year in December as […]




What’s Ahead For Mortgage Rates This Week – February 22, 2016

Walter Whitehurst What’s Ahead For Mortgage Rates This Week – February 22, 2016 Last week’s economic news included the NAHB Housing Market Index, Commerce Department releases on housing starts and building permits and minutes of the most recent meeting of the Fed’s FOMC meeting. Home Builder Confidence Falls in February According to the National Association […]



Buying a New Home? Learn How the ‘Conforming Loan Limit’ Might Affect Your Purchase

Walter Whitehurst Buying a New Home? Learn How the ‘Conforming Loan Limit’ Might Affect Your Purchase From mortgage to equity to debt-to-income ratio, there are many terms associated with home ownership that can be quite confusing if you’ve never been on the market for a home before. ‘Conforming loan limit’ may be a less familiar […]


New Home Construction Seen As A Possible Solution To Pent Up Demand For Homes

Walter Whitehurst New Home Construction Seen As A Possible Solution To Pent Up Demand For Homes Builder confidence in markets for new homes fell three points in February to a reading of 58. January’s reading was revised upward to 61. Builders have repeatedly expressed concerns shortages of labor and lots for development, but continue to […]


What’s Ahead For Mortgage Rates This Week – February 16, 2016

Walter Whitehurst What’s Ahead For Mortgage Rates This Week – February 16, 2016 Last week’s economic events included weekly releases on new jobless claims, mortgage rates and testimony by Fed Chair Janet Yellen concerning the Federal Reserve’s monetary policy. Here are the details: Mortgage Rates, New Jobless Claims Drop Freddie Mac reported that average mortgage […]