How Many Jobs Are Needed to Reach Fed’s December Unemployment Rate Target for QE3 Tapering?
This is a common question, and I suggest using the Atlanta Fed's Jobs Calculator tool to estimate how many jobs per month will be needed...
Author : Calculated Risk
Unofficial Problem Bank list declines to 749 Institutions, Q2 Transition Matrix
This is an unofficial list of... Banks compiled only from public sources. Here is the unofficial problem bank list for June 28, 2013. Changes and...
Oil: The Disappearing Brent / WTI Spread
The WSJ Real Time Economics has an article today on the declining spread between Brent crude oil and West Texas Intermediate (WTI). (note: this is...
Schedule for Week of June 30th
Happy Independence Day! The key report this week is the June employment report on Friday. Other key reports include the ISM manufacturing index on Monday, auto sales on...
Goldman on The Impact on GDP of Higher Mortgage Rates
A few brief excerpts from a research note by economists Kris Dawsey and Hui Shan at Goldman Sachs: The Drag from Higher Mortgage Rates The...
Fannie Mae, Freddie Mac: Mortgage Serious Delinquency rates declined in May, Lowest since early 2009
Fannie Mae reported that the Single-Family Serious Delinquency rate declined in May to 2.83% from 2.93% in April. The serious delinquency rate is down from 3.57%...
Friday: Chicago PMI, Consumer Sentiment
Three interesting reads... From Merrill Lynch on house prices: The momentum in home prices has continued to exceed even our bullish expectations. The S&P Case-Shiller...
House Prices and Mortgage Rates
Several people have asked me about a comment from Fannie Mae chief economist Doug Duncan as quoted in a NY Times article a couple of...
LPS: Mortgage Delinquency Rate lowest since May 2008, Foreclosure inventories lowest since March 2009
LPS: Mortgage Delinquency Rate lowest since May 2008, Foreclosure inventories lowest since March 2009 by Bill McBride on 6/25/2013 07:32:00 AM According to the First...
LPS: House Price Index increased 1.5% in April, Up 8.1% year-over-year
Notes: I follow several house price indexes (Case-Shiller, CoreLogic, LPS, Zillow, FHFA, FNC and more). The timing of different house prices indexes can be a...