Schedule for Week of February 27, 2022
The key report scheduled for this week is the February employment report.Other key reports scheduled for this week are ISM Manufacturing and February vehicle sales.Fed...
Category : Opinions Uncensored
Zillow Case-Shiller House Price Forecast: “Reaccelerating” in January
The Case-Shiller house price indexes for December were released this week. Zillow forecasts Case-Shiller a month early, and I like to check the Zillow forecasts...
Q1 GDP Forecasts: Around 2%
From BofA: We continue to track 2.5% qoq saar for 1Q GDP. [February 25 estimate]emphasis addedFrom Goldman Sachs: We boosted our Q1 GDP forecast by...
Personal Income increased slightly in January; Spending increased 2.1%
The BEA released the Personal Income and Outlays report for January: Personal income increased $9.0 billion (less than 0.1 percent) in January, according to estimates...
Freddie Mac: Mortgage Serious Delinquency Rate decreased in January
Freddie Mac reported that the Single-Family serious delinquency rate in January was 1.06%, down from 1.12% in December. Freddie's rate is down year-over-year from 2.56%...
January New Home Sales: Record 106 thousand Homes Have Not been Started
Today, in the Calculated Risk Real Estate Newsletter: January New Home Sales: Record 106 thousand Homes Have Not been StartedBrief excerpt: The next graph shows...
New Home Sales decrease to 801,000 Annual Rate in January
The Census Bureau reports New Home Sales in January were at a seasonally adjusted annual rate (SAAR) of 801 thousand.The previous three months were revised...
Black Knight: National Mortgage Delinquency Rate Decreased in January; “Foreclosure Starts Surge”
Note: At the beginning of the pandemic, the delinquency rate increased sharply (see table below). Loans in forbearance are counted as delinquent in this survey,...
“Mortgage Rates Hit New Multi-Year Highs”; Highest Since 2019
From Matthew Graham at MortgageNewsDaily: Mortgage Rates Hit New Multi-Year HighsIt was another bad day for the mortgage market. This has been the norm so...
MBA: Mortgage Applications Decrease in Latest Weekly Survey
From the MBA: Mortgage Applications Decrease in Latest MBA Weekly SurveyMortgage applications decreased 13.1 percent from one week earlier, according to data from the Mortgage...