Friday: New Home Sales

Mortgage RatesMortgage rates have fallen from 6.28% just over one week ago to 5.75% today.

Friday:
• At 10:00 AM ET, New Home Sales for May from the Census Bureau. The consensus is for 580 thousand SAAR, down from 591 thousand in April.

• Also, at 10:00 AM, University of Michigan’s Consumer sentiment index (Final for June). The consensus is for a reading of 50.2.

On COVID (focus on hospitalizations and deaths):

COVID Metrics
  Now Week
Ago
Goal
Percent fully Vaccinated 66.8% ≥70.0%1
Fully Vaccinated (millions) 221.9 ≥2321
New Cases per Day3 97,430 103,175 ≤5,0002
Hospitalized3🚩 24,831 24,358 ≤3,0002
Deaths per Day3 255 285 ≤502
1 Minimum to achieve “herd immunity” (estimated between 70% and 85%).
2my goals to stop daily posts,
37-day average for Cases, Currently Hospitalized, and Deaths
🚩 Increasing 7-day average week-over-week for Cases, Hospitalized, and Deaths
✅ Goal met.


COVID-19 Positive Tests per DayClick on graph for larger image.

This graph shows the daily (columns) and 7-day average (line) of deaths reported.

Average daily deaths bottomed in July 2021 at 214 per day.

Related posts

Advisors in Focus- January 6, 2021

Gavin Maguire

Advisors in Focus- February 15, 2021

Gavin Maguire

Advisors in Focus- February 22, 2021

Gavin Maguire

Advisors in Focus- February 28, 2021

Gavin Maguire

Advisors in Focus- March 18, 2021

Gavin Maguire

Advisors in Focus- March 21, 2021

Gavin Maguire