Bob Ramalho

Berkshire Hathaway - Verani Realty

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Bob Ramalho March 15, 2021

What’s Ahead For Mortgage Rates This Week – March 15, 2021

Last week’s economic reporting included data on inflation and job openings, and weekly readings n mortgage rates, and jobless claims. Inflation Rate Rises in February Consumer prices grew by 0.40 percent in February according to the federal government’s Consumer Price Index; the year-over-year inflation rate rose from January’s reading of 1.40 percent to 1.70 percent. Consumer prices rose at their fastest pace in six months as rising fuel prices caused the jump in consumer … [Read more...]

Filed Under: Financial Reports Tagged With: Financial Report, Inflation, Jobless Claims

Bob Ramalho March 8, 2021

What’s Ahead For Mortgage Rates This Week – March 8, 2021

Last week’s scheduled economic news included readings on construction spending and labor sector reports on public and private sector jobs. The national unemployment rate was published along with weekly readings on mortgage rates and jobless claims. Federal Reserve Chair Jerome Powell also spoke at a jobs summit. Construction Spending Rises in January U.S construction spending rose at a seasonally-adjusted annual pace of 1.70 percent in January as compared to 1.10 percent growth reported in … [Read more...]

Filed Under: Financial Reports Tagged With: Economic News, Financial Report, Jobless Claims

Bob Ramalho February 16, 2021

What’s Ahead For Mortgage Rates This Week – February 15, 2021

Last week’s scheduled economic reporting included readings on inflation, Federal Reserve Chair Jerome Powell’s speech on U.S. labor markets, and weekly readings on mortgage rates and jobless claims. Oil Prices Push Inflation Higher in January Rising oil and gasoline prices drove a jump in January’s consumer price index. Inflation rose 0.30 percent month-to-month, which matched analysts’ expectations. The year-over-year inflation rate rose to 1.40 percent but remained … [Read more...]

Filed Under: Financial Reports Tagged With: Financial Report, Jobless Claims, Mortgage Rates

Bob Ramalho February 8, 2021

What’s Ahead For Mortgage Rates This Week – February 8, 2021

Last week’s economic news included Commerce Department readings on construction spending, labor sector reporting on public and private-sector job growth, and the national unemployment rate. Weekly reports on mortgage rates and jobless claims were also released. Construction Spending Driven by Housing Sector in December The Commerce Department reported a one percent gain in construction spending in December to a seasonally-adjusted annual pace of $1.49 trillion. Residential construction … [Read more...]

Filed Under: Financial Reports Tagged With: Financial Report, Jobless Claims, Mortgage Rates

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