Bob Ramalho

Berkshire Hathaway - Verani Realty

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Bob Ramalho April 6, 2020

What’s Ahead For Mortgage Rates This Week – April 6th, 2020

Last week’s economic reporting included readings on pending home sales, Case-Shiller Home Price Indices, and Bureau of Labor Statistics reports on national unemployment. Weekly readings on mortgage rates and first-time jobless claims were also released. Pending Home Sales Slow in February Before Coronavirus Took Hold The National Association of Realtors® reported fewer pending home sales in February as the coronavirus gained traction. Pending sales rose by 2.40 percent in February as … [Read more...]

Filed Under: Financial Reports Tagged With: COVID19Update, Economic News, Financial Reports

Bob Ramalho March 30, 2020

What’s Ahead For Mortgage Rates This Week – March 30th, 2020

Scheduled monthly readings were released for new home sales and consumer sentiment. Weekly readings on mortgage rates and new jobless claims were also released. New Home Sales Beat Expectations in February Sales of new homes dropped 4.40 percent in February after reaching a 13-year high in January. 765,000 new homes were sold on a seasonally-adjusted annual basis, which exceeded expectations of 750,000 sales in February. New home sales were 14.30 percent higher year-over-year. Analysts said … [Read more...]

Filed Under: Financial Reports Tagged With: Economic News, Financial Reports, Mortgage Rates

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