What’s Ahead For Mortgage Rates This Week – January 22nd, 2019

Last week's economic reports included National Association of Home Builders' Housing Market Index, the Federal Reserve's Beige Book report and the University of Michigan's Consumer Sentiment Index. Weekly readings on mortgage rates and first-time jobless claims were also released. Commerce Department readings on housing starts and building permits issued were delayed due to the federal government shutdown, which continued and became the longest government shutdown on record. NAHB: Builder Confidence Rises Amid Headwinds Home builder confidence rose two points in January according to the National Association of Home Builders. Builder concerns over rising construction costs and tariffs on building materials…
Read More