Tag Archives: Retail Sales

Mortgage Rates Surge On May Retail Sales Figures

Retail Sales rose for the 11th straight month in May. Excluding cars and auto parts, sales receipts climbed to $322 billion last month. It’s an all-time high and another example of the U.S. economy’s resiliency. Continue reading

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Rising Retail Sales Threaten Low Mortgage Rates

Thursday, the Census Bureau released the April Retail Sales report. Excluding cars and auto parts, retail receipts rose for the 10th straight month and, at $321 billion, reached an all-time high. Continue reading

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Retail Sales Report Should Spell Higher Mortgage Rates For Wednesday

Wednesday, the Census Bureau will release its March Retail Sales figures and the report is expected to show higher sales receipts for the 9th straight month. A strong reading like that should spell higher mortgage rates nationwide. Continue reading

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