Friday: Personal Income and Outlays
Friday:• At 8:30 AM ET,: Personal Income and Outlays, June 2020. The consensus is for a 0.3% decrease in personal income, and for a 0.7%...
Author : Calculated Risk
Hotels: Occupancy Rate Down 8% Compared to Same Week in 2019
Note: The year-over-year occupancy comparisons are easy, since occupancy declined sharply at the onset of the pandemic. So STR is comparing to the same week...
A Few Comments on Q2 GDP
Earlier from the BEA: Gross Domestic Product, Second Quarter 2021 (Advance Estimate) and Annual Update Real gross domestic product (GDP) increased at an annual rate...
Thursday: GDP, Unemployment Claims, Pending Home Sales
Thursday:• At 8:30 AM ET, Gross Domestic Product, 2nd quarter (advance estimate), and annual update. The consensus is that real GDP increased 8.6% annualized in...
A few comments on the Seasonal Pattern for House Prices
A few key points:1) There is a clear seasonal pattern for house prices.2) The surge in distressed sales during the housing bust distorted the seasonal...
MBA: Mortgage Applications Increase in Latest Weekly Survey
From the MBA: Mortgage Applications Increase in Latest MBA Weekly SurveyMortgage applications increased 5.7 percent from one week earlier, according to data from the Mortgage...
Wednesday: FOMC Announcement
On the FOMC meeting: FOMC Preview: Probably Too Soon for Hints on TaperingWednesday:• At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the...
Tuesday: Case-Shiller House Prices, Q2 Housing Vacancies and Homeownership
From Matthew Graham at Mortgage News Daily: MBS RECAP: Slow Monday, But Late Warning ShotsIt was a slow trading day for the most part until...
Freddie Mac: Mortgage Serious Delinquency Rate decreased in June
Freddie Mac reported that the Single-Family serious delinquency rate in June was 1.86%, down from 2.01% in May. Freddie's rate is down year-over-year from 2.48%...
New Home Sales Decrease to 676,000 Annual Rate in June
The Census Bureau reports New Home Sales in June were at a seasonally adjusted annual rate (SAAR) of 676 thousand.The previous three months were revised...