Michael Isaacs

Fairway Independent Mortgage Corporation

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What’s Ahead For Mortgage Rates This Week – August 24, 2015

August 24, 2015 by Michael Isaacs

Last week's economic events included a number of readings on housing related topics. The National Association of Home Builders released its report on builder confidence in housing markets, Housing starts reached their highest level since the great recession, and existing home sales exceeded expectations and the prior month's reading. The Federal Reserve released minutes for its most recent FOMC meeting, which indicated that while a majority of FOMC members are leaning toward raising the Fed's target federal funds rate, concerns over certain aspects of the economy continue to keep the Fed from citing a date for raising its target interest rate.

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Filed Under: Market Outlook Tagged With: Case-Shiller, Commerce Department: Housing Starts, FHFA, Freddie Mac, National Association of Realtors

Michael Isaacs

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Branch Manager and Mortgage Loan Originator

NMLS #26591 • AZ License #BK-0904162
Licensed in: AZ, CA, CT, FL, IL, KS, KY, ME, MD, MO, NH, NJ, OH, PA, TN, VA.
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Michael.isaacs@fairwaymc.com
4215 Worth Avenue, Suite 220, Columbus, OH 43219
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