Financial Reports
What Makes Up A PITI Mortgage Payment?
Many mortgage payments are made up of four parts, called PITI. PITI is an acronym that stands for principal, interest, tax, and insurance. It's important to understand PITI because it is the real number you need to use in order to find out how ...
What’s Ahead For Mortgage Rates This Week – September 30th, 2019
Last week’s economic reports included readings from Case-Shiller on home prices along with data on new and pending home sales. Weekly readings on mortgage rates and initial jobless claims were also released. Case-Shiller: Home Price Gains...
What’s Ahead For Mortgage Rates This Week – September 23rd, 2019
Last week’s economic reports included readings from the National Association of Home Builders on housing market conditions, Commerce Department reports on Housing starts and building permits issued and the National Association of Re...
What’s Ahead For Mortgage Rates This Week – August 26th, 2019
Last week's economic news included readings from the National Association of Home Builders Housing Market Index and July readings on housing starts and building permits issued. Weekly readings on initial jobless claims and mortgage rates ...
Fed Lowers Key Interest Rate For First Time Since Great Recession
The Federal Open Market Committee of the Federal Reserve announced the first rate cut to its key interest rate range since the Great Recession ushered in a series of rate cuts described as "quantitative easing." The Fed committee confirmed ...
What’s Ahead For Mortgage Rates This Week – August 5th, 2019
Last week's economic news included readings from Case-Shiller on home prices, pending home sales, construction spending and a post-meeting statement from the Federal Open Market Committee of the Federal Reserve. Consumer sentiment was re...
What’s Ahead For Mortgage Rates This Week – July 1st, 2019
Last week's economic reports included readings on home prices, sales of pre-owned homes and pending home sales. Weekly readings on mortgage rates and first-time jobless claims were also released. Case-Shiller Home Price Index: Home Price...