What’s Ahead For Mortgage Rates This Week – January 17, 2017

Last week’s economic reports included readings on job openings, retail sales and consumer sentiment in addition to weekly reports on new jobless claims and Freddie Mac’s survey of mortgage rates.

Job Openings Hold Steady in November; Quits and Hires Increase

According to the Labor Department, job openings held steady with a reading of 5.50 million openings in November, which matched October’s reading. Hires and quits showed more activity, which analysts deemed a healthy sign for the economy. Workers typically hold on to their current jobs in times of economic uncertainty, while they may be more comfortable with changing jobs in a strong economy. Increased “churn” in terms of quits and hires suggests that workers are gaining confidence in economic conditions and are more willing to change jobs. There were 1.3 unemployed workers for each job opening, which was lower than October’s reading of 1.4 unemployed workers for each job opening.

Retail Sales Higher in December

Retail sales grew by 0.60 percent in December, although analysts had expected o.80 percent growth. November’s reading showed 0.20 percent growth. Retail sales not including the automotive sector grew by 0.20 percent. Analysts had expected a reading of 0.50 percent based on November’s reading of 0.30 percent growth. Year-end promotions and incentives offered by auto dealers likely contributed to December’s increase in retail sales.

Mortgage Rates, Jobless Claims Fall

Freddie Mac reported lower mortgage rates last week; the average rate for a 30-year fixed rate mortgage fell by eight basis points to 4.12 percent. 15-year fixed mortgage rates averaged seven basis points lower at 3.37 percent. Rates for 5/1 adjustable rate mortgages were 10 basis points lower at an average of 3.23 percent. Discount points averaged   0.50 percent for all three mortgage types.

New jobless claims were lower than expected last week with a reading of 247,000 new jobless claims. 258,000 new claims were expected based on the prior week’s reading of 237,000 new claims filed. New jobless claims were lower than 300,000 new claims for the 97^th consecutive week. The rise in new claims last week was attributed to delays in filing for benefits between Christmas and New Year holidays.

Consumer sentiment dipped in January to an index reading of 98.1 as compared to December’s reading of 98.2 and the expected reading of 98.8.

What‘s Ahead

This week’s scheduled economic releases include the National Association of Home Builders Housing Market Index. Commerce Department readings on housing starts and building permits will be released. Consumer Price Index readings are scheduled along with weekly reports on mortgage rates and new jobless claims.

Click Here to See What Your Home is Worth

Listing types.

For Sale

For Rent

Land

Multifamily

Commercial

Location Search Nearby

BedsAny1+2+3+4+5+6+

BathsAny1+2+3+4+5+6+

Price MinAny$50,000$100,000$150,000$200,000$250,000$300,000$350,000$400,000$450,000$500,000$600,000$700,000$800,000$900,000$1,000,000$1,100,000$1,200,000$1,300,000$1,400,000$1,500,000$1,600,000$1,800,000$1,900,000$2,000,000$2,250,000$2,500,000$2,750,000$3,000,000$3,250,000$3,500,000$3,750,000$4,000,000$4,500,000$5,000,000$6,000,000$8,000,000$10,000,000$15,000,000

Price MaxAny$50,000$100,000$150,000$200,000$250,000$300,000$350,000$400,000$450,000$500,000$600,000$700,000$800,000$900,000$1,000,000$1,100,000$1,200,000$1,300,000$1,400,000$1,500,000$1,600,000$1,800,000$1,900,000$2,000,000$2,250,000$2,500,000$2,750,000$3,000,000$3,250,000$3,500,000$3,750,000$4,000,000$4,500,000$5,000,000$6,000,000$8,000,000$10,000,000$15,000,000

Advanced Options

Property TypeAnyApartmentManufactured HomeSingle Family ResidenceTownhouseTwin Home

School District

Address, MLS# or Keyword

Home SizeAny600 ft2800 ft21,000 ft21,200 ft21,400 ft21,600 ft21,800 ft22,000 ft22,200 ft22,400 ft22,600 ft22,800 ft23,000 ft23,500 ft24,000 ft24,500 ft25,000 ft25,500 ft26,000 ft2

YearAny2024+2023+2022+2021+2020+2019+2018+2017+2016+2015+2014+2013+2012+2011+2010+2009+2008+2007+2006+2005+2004+2003+2002+2001+2000+1999+1998+1997+1996+1995+1994+1993+1992+1991+1990+1980+1970+1960+1950+1940+1930+

Distressed

Open House

Location Search Nearby

BedsAny1+2+3+4+5+6+

BathsAny1+2+3+4+5+6+

Price MinAny$500$600$700$800$900$1,000$1,100$1,200$1,300$1,500$1,600$1,700$1,800$1,900$2,000$2,250$2,500$2,750$3,000$3,250$3,500$3,750$4,000$4,500$5,000$5,500$6,000$6,500$7,000$7,500$8,000$8,500$9,000$9,500$10,000

Price MaxAny$500$600$700$800$900$1,000$1,100$1,200$1,300$1,500$1,600$1,700$1,800$1,900$2,000$2,250$2,500$2,750$3,000$3,250$3,500$3,750$4,000$4,500$5,000$5,500$6,000$6,500$7,000$7,500$8,000$8,500$9,000$9,500$10,000

Advanced Options

Property TypeAnyApartmentManufactured HomeSingle Family ResidenceTownhouseTwin Home

School District

Address, MLS# or Keyword

Home SizeAny600 ft2800 ft21,000 ft21,200 ft21,400 ft21,600 ft21,800 ft22,000 ft22,200 ft22,400 ft22,600 ft22,800 ft23,000 ft23,500 ft24,000 ft24,500 ft25,000 ft25,500 ft26,000 ft2

YearAny2024+2023+2022+2021+2020+2019+2018+2017+2016+2015+2014+2013+2012+2011+2010+2009+2008+2007+2006+2005+2004+2003+2002+2001+2000+1999+1998+1997+1996+1995+1994+1993+1992+1991+1990+1980+1970+1960+1950+1940+1930+

Location Search Nearby

Lot SizeAny1+ Acres2+ Acres3+ Acres4+ Acres5+ Acres6+ Acres7+ Acres8+ Acres9+ Acres10+ Acres20+ Acres30+ Acres40+ Acres50+ Acres

Price MinAny$50,000$100,000$150,000$200,000$250,000$300,000$350,000$400,000$450,000$500,000$600,000$700,000$800,000$900,000$1,000,000$1,100,000$1,200,000$1,300,000$1,400,000$1,500,000$1,600,000$1,800,000$1,900,000$2,000,000$2,250,000$2,500,000$2,750,000$3,000,000$3,250,000$3,500,000$3,750,000$4,000,000$4,500,000$5,000,000$6,000,000$8,000,000$10,000,000$15,000,000

Price MaxAny$50,000$100,000$150,000$200,000$250,000$300,000$350,000$400,000$450,000$500,000$600,000$700,000$800,000$900,000$1,000,000$1,100,000$1,200,000$1,300,000$1,400,000$1,500,000$1,600,000$1,800,000$1,900,000$2,000,000$2,250,000$2,500,000$2,750,000$3,000,000$3,250,000$3,500,000$3,750,000$4,000,000$4,500,000$5,000,000$6,000,000$8,000,000$10,000,000$15,000,000

Advanced Options

Neighborhood

Address, MLS# or Keyword

Location Search Nearby

Price MinAny$50,000$100,000$150,000$200,000$250,000$300,000$350,000$400,000$450,000$500,000$600,000$700,000$800,000$900,000$1,000,000$1,100,000$1,200,000$1,300,000$1,400,000$1,500,000$1,600,000$1,800,000$1,900,000$2,000,000$2,250,000$2,500,000$2,750,000$3,000,000$3,250,000$3,500,000$3,750,000$4,000,000$4,500,000$5,000,000$6,000,000$8,000,000$10,000,000$15,000,000

Price MaxAny$50,000$100,000$150,000$200,000$250,000$300,000$350,000$400,000$450,000$500,000$600,000$700,000$800,000$900,000$1,000,000$1,100,000$1,200,000$1,300,000$1,400,000$1,500,000$1,600,000$1,800,000$1,900,000$2,000,000$2,250,000$2,500,000$2,750,000$3,000,000$3,250,000$3,500,000$3,750,000$4,000,000$4,500,000$5,000,000$6,000,000$8,000,000$10,000,000$15,000,000

Advanced Options

School District

Address, MLS# or Keyword

YearAny2024+2023+2022+2021+2020+2019+2018+2017+2016+2015+2014+2013+2012+2011+2010+2009+2008+2007+2006+2005+2004+2003+2002+2001+2000+1999+1998+1997+1996+1995+1994+1993+1992+1991+1990+1980+1970+1960+1950+1940+1930+

Location Search Nearby

Lot SizeAny1+ Acres2+ Acres3+ Acres4+ Acres5+ Acres6+ Acres7+ Acres8+ Acres9+ Acres10+ Acres20+ Acres30+ Acres40+ Acres50+ Acres

Price MinAny$50,000$100,000$150,000$200,000$250,000$300,000$350,000$400,000$450,000$500,000$600,000$700,000$800,000$900,000$1,000,000$1,100,000$1,200,000$1,300,000$1,400,000$1,500,000$1,600,000$1,800,000$1,900,000$2,000,000$2,250,000$2,500,000$2,750,000$3,000,000$3,250,000$3,500,000$3,750,000$4,000,000$4,500,000$5,000,000$6,000,000$8,000,000$10,000,000$15,000,000

Price MaxAny$50,000$100,000$150,000$200,000$250,000$300,000$350,000$400,000$450,000$500,000$600,000$700,000$800,000$900,000$1,000,000$1,100,000$1,200,000$1,300,000$1,400,000$1,500,000$1,600,000$1,800,000$1,900,000$2,000,000$2,250,000$2,500,000$2,750,000$3,000,000$3,250,000$3,500,000$3,750,000$4,000,000$4,500,000$5,000,000$6,000,000$8,000,000$10,000,000$15,000,000

Advanced Options

Address, MLS# or Keyword

YearAny2024+2023+2022+2021+2020+2019+2018+2017+2016+2015+2014+2013+2012+2011+2010+2009+2008+2007+2006+2005+2004+2003+2002+2001+2000+1999+1998+1997+1996+1995+1994+1993+1992+1991+1990+1980+1970+1960+1950+1940+1930+

View As: Thumbnails List

Sort by: Select Price, Low to High Price, High to Low Newer Listings First Older Listings First Open House Date

20417 W Bradley Road Wittmann, AZ 85361

$629,900

4 Beds

2 Baths

2,191 SqFt

Status Active

MLS # 6721052

Property Type Single Family Residence

Price Type --

Beautiful home in West Bradley Road, Wittmann, Arizona.

View Property

12375 S 181st Drive Goodyear, AZ 85338

$629,900

4 Beds

2.5 Baths

2,700 SqFt

Status Active

MLS # 6764643

Property Type Single Family Residence

Price Type --

FURNISHED home! GATED community 4 bed, 2.5 bath residence is the one for you! Featuring a stunning façade w/stone accents, low maintenance landscape, & a 3 car garage! Discover an elegant interior boasting graceful archways, plantation shutters, recessed lighting, soft carpet in all the right places, and warm palette throughout. The formal dining room, w/its dazzling chandelier, is sure to delight your guest! You'll also find a spacious living area w/a dry bar and a fireplace to keep you warm during the winter months. The gorgeous kitchen is equipped w/everything the aspiring chef needs, staggered cabinetry w/crown molding, a pantry, granite counters, tile backsplash, SS appliances such as a wall oven, an island complete w/a breakfast bar, and a breakfast nook. #Location is ideal!! You'll love the primary bedroom, boasting private outdoor access, a large walk-in closet, and a lavish ensuite w/dual vanities & a makeup table with spa amenities- SNAIL shower and Garden tub. Laundry room includes built-in cabinetry and a convenient utility sink. Finally, the wonderful backyard showcases a covered patio, extended paver seating areas, an attached pergola, and a built-in BBQ perfect for a cookout w/friends & loved ones! Split Floor plan / with Front Courtyard & a Gated golf course community (THE FAIRWAYS at ESTRELLA MOUNTAIN). ahh.. have peace of mind with energy efficiency- Brand NEW HVAC system installed April 2024! WOW - SOLAR savings..$$$!!. Cul De Sac private street- What are you waiting for? Act now

View Property

21520 W Watkins Street Buckeye, AZ 85326

$629,900

3 Beds

2 Baths

1,644 SqFt

Status Active

MLS # 6730156

Property Type Single Family Residence

Price Type --

Beautiful well-cared for 3-bed/2-bath on 1-ACRE, IRRIGATED LOT WITH HORSE PRIVILEGES. Quality constructed CUSTOM HOME with 2 x 6 framing, NEWER ROOF (2020), ALL NEW LOW-E WINDOWS (2024), TRANE 18-SEER Variable Speed A/C (2016), Porcelain faux-wood tile throughout living space, upgraded custom closets in all closets. Fully fenced back yard with a fenced off area and shade structure for horses. Water available at horse shade with conduit run for electric. RV Parking w/30-AMP hook-up. 3-Car Extended Length Garage. 10' X 14' Tuff Shed Storage w/ upgraded floor and radiant roof barrier for extra insulation. Nestled in a quiet, established neighborhood with *NO HOA*. A short drive from Costco, New Banner Hospital (planned for 2025), schools and I-10 freeway. See Docs for nearby horse arenas.

View Property

3122 E Windmere Drive Phoenix, AZ 85048

$629,900

4 Beds

2.5 Baths

2,104 SqFt

Status Active

MLS # 6753762

Property Type Single Family Residence

Price Type --

Welcome home! This beautiful residence is in the gated Estates at the Ranch, an exclusive single-story home Community in the award-winning Mountain Park Ranch. Offering 4 beds, 2.5 baths, 2-car garage, & a low-care landscape. Discover a large living/dining room combo and a separate family room w/fireplace & surround sound! Tall ceilings add to the airy feel, complemented by plantation shutters, & tile flooring in common areas. The kitchen boasts built-in appliances w/cooktop elec, granite counters, recessed lighting, ample wood cabinets, and a breakfast area. Carpeted double-door main bedroom has outdoor access and an ensuite with dual sinks, separate tub/shower, & a walk-in closet. Enjoy the entertainer's backyard with a covered patio, firepit, built-in BBQ, & a sparkling pool!

View Property

6780 W Yearling Road Peoria, AZ 85383

$629,900

4 Beds

2.5 Baths

2,658 SqFt

Status Active

MLS # 6776511

Property Type Single Family Residence

Price Type --

Gorgeous Fully Remodeled Home with all the upgrades: Gourmet Kitchen with Granite Counters, Brand New Stainless Steel Appliances, Gas Range and Refrigerator Included. New Interior Paint, and Carpeting. All New Light fixtures and Ceiling Fans. New Blinds. Sparkling Play Pool, Large 2.5 car garage, Fireplace. High Efficiency TRANE A/C units installed last Year. This home is a must see!!

View Property

8245 E Bell Road Unit 144 Scottsdale, AZ 85260

$629,900

2 Beds

2 Baths

1,472 SqFt

Status Active

MLS # 6776536

Property Type Apartment

Price Type --

Come see this Stunning luxury condo inside the highly sought after Montana Del Sol gated golf community on the TPC Scottsdale course! Just down the street from the Fairmont Princess Hotel & across the street from multiple parks. Home features a chefs kitchen with newer quartz slab counters, refurbished custom cabinets, & huge kitchen breakfast bar. Gorgeous plantation shutters throughout, both bathrooms have been heavily updated in beautiful modern farmhouse fashion. Huge master en-suite double sinks, large walk in shower, & oversized custom master closet. Rare two car garage is a bonus. Nicely updated baseboard, lighting fixtures, faucets, etc! Close to 101 freeway for easy commute, Kierland commons outdoor mall, countless restaurants and shopping! Can be purchased fully furnished too!

View Property

8562 E Pierce Street Scottsdale, AZ 85257

$629,900

3 Beds

2 Baths

1,819 SqFt

Status Active Under Contract

MLS # 6759079

Property Type Single Family Residence

Price Type --

Spectacularly remodeled 3 bdrm & 2 bath home on LARGE cul-de-sac lot w/ 2-car garage, a low maintenance yard, large covered patio, new pavers, & a concrete slab wired for hot tub (is it?). Open floor plan w/ spacious vaulted ceilings. New, matching cabinets & matching quartz counters throughout the home including a HUGE kitchen island & the perfect peninsula. All new windows. Brand new SS appliances incl. fridge, dishwasher, & drawer microwave convey. New modern tile floors throughout (no carpet). Both showers are newly tiled w/large glass enclosure in master. All new fixtures + ceiling fans w/remotes! Fresh paint in/out. OWNER/AGENT.

View Property

6646 S La Rosa Drive Tempe, AZ 85283

$629,800

4 Beds

2 Baths

1,980 SqFt

Status Active

MLS # 6766132

Property Type Single Family Residence

Price Type --

Come and see this beautiful 4 Bed, 2 Bath, 2 Car Garage, golf course lot home in Tempe. No HOA!! This freshly remodeled home is stunning! As you pull up the new tiered landscaping and fresh paint give the home great curb appeal. Through the front door you are welcomed by an open floor plan featuring brand new wood look flooring in the main living areas and plush patterned carpet in the bedrooms. Your brand new kitchen boasts white shaker cabinets, large island with breakfast bar, custom tile backsplash, new stainless appliances and gorgeous white quartz countertops. The split floor plan has the master suite to the right off of the main living area and it features a new tiled shower, new vanity with quartz top and large walk in closet. The 3 other bedrooms and second bath are on the opposite side of the home. Hall bath also is brand new with a white subway tile wall and new vanity. New door hardware, ceiling fans, light and plumbing fixtures throughout the home give it a modern feel. New window coverings. Oversized laundry room with lots of storage. Out back there is a large patio perfect for outdoor dining with golf course and sunset views of South Mountain. Don't miss out on this gem. Come and see it today!

View Property

18238 E Coronado Cave Court Rio Verde, AZ 85263

$629,783

2 Beds

2 Baths

1,678 SqFt

Status Active

MLS # 6759503

Property Type Single Family Residence

Price Type --

Welcome to this beautiful home in the Resort Collection at Trilogy at Verde River. The Valletta offers a well thought-out layout with 2 bedrooms, 2 bathrooms, and an office. Enjoy upgraded flooring in main areas, upgraded landscape package with pavers and an upgraded outdoor pergola. The kitchen is stunning with White Arctic Shaker Painted Cabinets, Upgraded Rollout and Soft- Close Drawers in the Kitchen, and a spacious kitchen island with a breakfast bar. The great room boasts a 12 foot multi-slide door that open to the covered patio. The primary suite has a lavish ensuite with a huge tiled shower and walk-in closet. Do not miss out on this home The amenities at Verde River are World Class with Tom Lehman inspired eighteen-hole Golf course, tennis courts, pickleball courts, and bocce ball, heated lap pool and Resort style swimming pool, hot tub, Afterburn fitness center, Helen's demonstration Kitchen for cooking classes and a 7.5 acre dog park. The community center has casual poolside dining at Eddy's Diner and gourmet dining at award-winning Needle Rock Kitchen and Tap, Alvea Spa with full-service Salon and Spa amenities, Art Loft and events center. Trilogy at Verde River is adjacent to the Tonto National Forest and is situated in the middle of miles and miles of hiking and biking trails.

View Property

4757 E Amber Sun Drive Cave Creek, AZ 85331

$629,500

5 Beds

3 Baths

2,248 SqFt

Status Active

MLS # 6708250

Property Type Single Family Residence

Price Type --

Beautiful 5 BR, 3 FULL BATH home features elegant wood-like tile, an inviting family room, vaulted great room, and *NEWLY UPDATED* kitchen with granite countertops, appliances included! The first floor also has a laundry room (with washer/dryer), a bedroom, and a remodeled full bathroom - perfect for guests or multi-generational living. Upstairs includes additional bedrooms, a remodeled bathroom, and primary bedroom with en-suite bathroom and walk-in closet. The private backyard offers a covered patio, extended paver patio, shade trees, and view fencing. Modern amenities include structured media panel, Nest thermostats, Yale Smart Lock, and Ring doorbell. Excellent school district, close to shopping, and within 20 minutes of the I-17 and 101. Don't miss this opportunity in Cave Creek!

View Property

11225 E Ocaso Avenue Mesa, AZ 85212

$629,500

3 Beds

2 Baths

1,910 SqFt

Status Active

MLS # 6727396

Property Type Single Family Residence

Price Type --

A must see, beautiful 2 bed, 2 bath residence with a den in Sunland Springs Village. Great curb appeal complete with front patio to enjoy the sunsets, artificial turf, and a 2.5 car garage with built-in cabinets. The home has a warm and inviting great room paired with large dining areas, tall ceilings, tile floorings, and lots of natural light. You'll love the gourmet kitchen boasting stainless steel appliances, granite counters, staggered modern white cabinets, a pantry, recessed lighting, and an island with a breakfast bar. Spacious primary bedroom has an ensuite with dual sinks & a walk-in closet. Spare bedroom with double-door entry can be used an office as well. Cozy backyard offering a covered patio with extended pavers ready for you to enjoy and entertain.

View Property

220 W Fellars Drive Phoenix, AZ 85023

$629,500

3 Beds

2 Baths

1,971 SqFt

Status Active

MLS # 6762329

Property Type Single Family Residence

Price Type --

Gorgeous Single-Story Home w/3 Bedrooms Plus Large Den/Office, 2 Bathrooms & Upgrades Galore. Interior Features Diagonal Tile Flooring t/o & Carpet in Bedrooms. Great Room Style with Bright, Open Kitchen w/Large Granite Island, Breakfast Bar, SS Appliances, Chef's Gas Stove, Tons of Cabinets & Walk-In Pantry. Split Bedroom Floorplan with Large Master in Back offering Bathroom w/Step-In Shower, Double Sinks & Walk-In Closet., Exterior offers North facing Backyard w/Low Care Turf & East Side Patio for Shady Afternoons. Front Yard has EZ Care Landscaping w/Paver'd Driveway & Entry Walkway to Gorgeous Wrought Iron Security Door & RING Doorbell. Location is PRIME: Close to Shopping, Dining & Freeway Access! Community is Gated with Children's Playground in Center & in a Great School Boundary

View Property