Bob Ramalho

Berkshire Hathaway - Verani Realty

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Bob Ramalho December 6, 2018

Newest Home Pricing Data Shows Homes Becoming More Attainable Across The Country

Case-Shiller's 20-city home price index for September reported the lowest pace of year-over-year home price growth in almost two years. Lower home prices balanced housing markets between sellers and buyers, but home prices continued to grow approximately two times faster than wage growth. Case-Shiller's 20 city home price index for September posted a home price growth rate of 5.20 percent as compared to August's year-over-year growth rate of 5.70 percent. While analysts expected slower rates of … [Read more...]

Filed Under: Financial Reports Tagged With: Case Shiller, Home Buyers, Home Prices

Bob Ramalho November 26, 2018

What’s Ahead For Mortgage Rates This Week – November 26th, 2018

Last week's economic readings included readings from the National Association of Home Builders Housing Market Index, National Association of Realtors® report on sales of pre-owned homes and Commerce Department readings on housing starts and building permits issued. Weekly reports on mortgage rates and first-time jobless claims were also released. Housing Market Challenges Catch Up to Builder Sentiment According to the National Association of Home Builders, overall builder sentiment fell six … [Read more...]

Filed Under: Financial Reports Tagged With: Financial Reports, Interest Rates, Mortgage Rates

Bob Ramalho November 19, 2018

What’s Ahead For Mortgage Rates This Week – November 19th, 2018

Last week's economic news included readings on inflation, core inflation and retail sales. Weekly readings on mortgage rates and first-time jobless claims were also released. Inflation, Retail Sales Rise in October Commerce Department readings for October showed higher inflation and retail sales. Consumer Price Index rose by 0.30 percent and met expectations. September's CPI reading was 0.10 percent. Core CPI, which excludes volatile food and energy sectors, also met expectations with a reading … [Read more...]

Filed Under: Financial Reports Tagged With: Financial Reports, Interest Rates, Mortgage Rates

Bob Ramalho November 13, 2018

What’s Ahead For Mortgage Rates This Week – November 13th, 2018

Last week's scheduled economic news was slim last week. The Federal Open Market Committee of the Federal Reserve issued its post-meeting statement, weekly readings on average mortgage rates and first-time jobless claims were also issued. FOMC: Fed Target Rate Unchanged, but Expected to Rise in December The Federal Open Market Committee of the Federal Reserve announced that it did not raise the target federal funds rate but set the stage for raising the benchmark rate n coming months. The … [Read more...]

Filed Under: Financial Reports Tagged With: Financial Reports, Interest Rates, Mortgage Rates

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