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What’s Ahead For Mortgage Rates This Week – March 9, 2015

March 9, 2015 by Patrick Jones

Last week’s economic news was scant on housing related reports, but several employment reports were released along with the national unemployment rate, which dipped to 5.50 percent. This was a full point below the Federal Reserve’s original target rate of 6.50 percent. Construction spending was incrementally lower than expected and mortgage rates also fell.

Filed Under: Market Outlook Tagged With: Freddie Mac, Job Market, Market Outlook

FOMC Minutes: Economy Growing, Housing Lags

November 20, 2014 by Patrick Jones

Minutes of the Federal Open Market Committee (FOMC) meeting held October 28 and 29 were released Wednesday. The report suggests that the U.S. economy continues to improve, although the annual inflation rate remains near 1.50 percent and short of the committee's goal of 2.00 percent.

Filed Under: Market Outlook Tagged With: FOMC, Job Market, Market Outlook

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