Financial Reports

What’s Ahead For Mortgage Rates This Week – September 14, 2020

What’s Ahead For Mortgage Rates This Week – September 14, 2020

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Last week’s economic news included readings on inflation, job openings, and weekly reports on jobless claims and mortgage rates.

Inflation Rate Slows in August

After posting 0.60 percent growth for each month in June and July, the Consumer Price Index rose by 0.40 percent in August. These growth rates offset declines in inflation during the first three months of the COVID-19 pandemic. Used vehicle prices increased after deep discounts offered when the pandemic started; analysts said that rising prices for used vehicles offset losses in previous months and produced low inflation for August.

What’s Ahead For Mortgage Rates This Week – August 24, 2020

What’s Ahead For Mortgage Rates This Week – August 24, 2020

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Last week’s economic news included readings from Case-Shiller on home prices, the National Association of Home Builders Housing Market Indices, and sales of previously-owned homes. Readings on housing starts and building permits issued were released. Weekly reports on mortgage rates, new and continuing jobless claims were also published.