Wondering what mortgage rates are doing this week?  Check out John's mortgage blog for insider info.  Thanks for sharing this John!  

If you are looking to purchase a home email me or give me a call - (508)-523-8632.  I would love to help!  I can set you up with access to the MLS with real time updates of new listings coming on the market.  Happy House Hunting! 

Via John Saari (Home Savings of America):

Mortgage Rate Outlook for The Week Startin Jan. 24th.

Rates last week remained in a tight range and it seems that could be the same this week. There is some economic data being released this week that could shake the markets a bit so it could be interesting.

Tomorrow The Case/Schiller Index is released-The S&P/Case-Shiller home price index tracks monthly changes in the value of residential real estate in 20 metropolitan regions across the U.S. The composite indexes and the regional indexes are seen by the markets as measuring changes in existing home prices and are based on single-family home resales. The key composite series are for the longer-running, original 10-city composite series and the newer and expanded 20-city composite. A national index is published quarterly. The indexes are based on single-family dwellings with two or more sales transactions. We have seen some down numbers the last few months so maybe we get a turnaround which would be great for the housing confidence. I do anticipate this to be another disappointing number however, which could push the rates down a bit.

Wed. New Homes Sales- New home sales measure the number of newly constructed homes with a committed sale during the month. New sales surprised in November let's hope for the same for December's numbers. 

 

I continue to believe the stock market is at the top of a trading range and it's due for a pull back. It looks easier for rates to come down a bit then to move up but we will have to watch closely.

 

 

John B. Saari

Community Banker

Home Savings of America

 

Direct Cell: 508-740-7442

Secure Fax: 781-503-1478

 

 
 
Watch My Popular Video Blogs:

  



 

            Kathleen Cooper Best Option *** RE/MAX Professional Associates *** LICENSED IN MA!

                      

THIS BLOG WAS BROUGHT TO YOU BY:
Kathleen Cooper
RE/MAX Professional Associates 

YOUR Social Media Girl
Providing Social Media Training & Coaching - Click the picture to Follow My Fan Page & Learn More About How I Can Help You Grow!

Phone: 508-444-2673
Email:  BestOptionTeam@Gmail.com 

 

Sleepless in Sturbridge

 

 

 

      


 

0 Comments on Mortgage Rate Outlook for The Week Starting Jan. 24th
What does the graphic say?
Leave a response…

(optional)
Spam Prevention:
 
Outside5 Rainmaker_large

Kathleen Cooper, RE/MAX,Broker, REALTOR®

Charlton, MA

More about me…

Kathleen Cooper, Best Option-RE/MAX, SRES, REALTOR®

Address: 19 Stafford Street, Charlton, MA, 01507

Office Phone: (508) 444-2673

Cell Phone: (508) 444-2673

Email Me

<!-- Facebook Badge START -->Best Option Real Estate

Promote Your Page Too<!-- Facebook Badge END -->

>Kathleen Cooper's Profile
Kathleen Cooper's Facebook Profile



Listings

Links

Archives

RSS 2.0 Feed for this blog