The Oldest and Most Trusted Real Estate News Magazine

Posts Tagged ‘ activity ’

Dallas Fed: “Texas Manufacturing Activity Falls Sharply” in January

By
Dallas Fed: “Texas Manufacturing Activity Falls Sharply” in January

From the Dallas Fed: Texas Manufacturing Activity Falls Sharply Texas factory activity fell sharply in January, according to business executives responding to the Texas Manufacturing Outlook Survey. The production index—a key measure of state manufacturing conditions—dropped 23 points, from 12.7 to -10.2, suggesting output declined this month after growing throughout fourth quarter 2015. Other...
Read more »

Tags: , , , , , ,
Posted in Mortgage Brokers | No Comments »

Richmond Fed: “Manufacturing Sector Activity Generally Softened” in September

By
Richmond Fed: “Manufacturing Sector Activity Generally Softened” in September

From the Richmond Fed: Manufacturing Sector Activity Generally Softened; Average Wages Grew Moderately Fifth District manufacturing activity slowed in September, according to the most recent survey by the Federal Reserve Bank of Richmond. Order backlogs and new orders decreased, while shipments declined. Average wages continued to increase at a moderate pace this month, however...
Read more »

Tags: , , , , , ,
Posted in Mortgage Brokers | No Comments »

Fed’s Beige Book: Economic Activity Expanded mostly at Modest to Moderate pace

By
Fed’s Beige Book: Economic Activity Expanded mostly at Modest to Moderate pace

Fed’s Beige Book “Prepared at the Federal Reserve Bank of Cleveland based on information collected on or before April 3, 2015.” Reports from the twelve Federal Reserve Districts indicate that the economy continued to expand across most regions from mid-February through the end of March. Activity in the Richmond, Chicago, Minneapolis, Dallas, and San...
Read more »

Tags: , , , , , , , , ,
Posted in Mortgage Brokers | No Comments »

MBA: Mortgage Applications Decrease in Latest MBA Weekly Survey, Refinance Activity Lowest since 2008

By
MBA: Mortgage Applications Decrease in Latest MBA Weekly Survey, Refinance Activity Lowest since 2008

From the MBA: Mortgage Applications Decrease in Latest MBA Weekly Survey Mortgage applications decreased 7.2 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending September 5, 2014. This week’s results included an adjustment for the Labor Day holiday. … The Refinance...
Read more »

Tags: , , , , , , , , , ,
Posted in Mortgage Brokers | No Comments »

Kansas City Fed: Regional Manufacturing “Activity Edged Higher” in July

By
Kansas City Fed: Regional Manufacturing “Activity Edged Higher” in July

From the Kansas City Fed: Growth in Tenth District Manufacturing Activity Edged Higher The Federal Reserve Bank of Kansas City released the July Manufacturing Survey today. According to Chad Wilkerson, vice president and economist at the Federal Reserve Bank of Kansas City, the survey revealed that growth in Tenth District manufacturing activity edged higher,...
Read more »

Tags: , , , , , , ,
Posted in Mortgage Brokers | No Comments »

NY Fed: Empire State Manufacturing Activity indicates faster expansion in January

By
NY Fed: Empire State Manufacturing Activity indicates faster expansion in January

From the NY Fed: Empire State Manufacturing Survey The January 2014 Empire State Manufacturing Survey indicates that business activity expanded for New York manufacturers, and did so at a faster pace than in recent months. The general business conditions index rose ten points to 12.5, its highest level in more than a year. The...
Read more »

Tags: , , , , , , ,
Posted in Mortgage Brokers | No Comments »

Chemical Activity Barometer for September Suggests Economic Activity Increasing

By
Chemical Activity Barometer for September Suggests Economic Activity Increasing

This is a new indicator that I’m following that appears to be a leading indicator for the economy. From the American Chemistry Council: Leading Economic Indicator at Highest Since June 2008; Hints at Potential Upside Surprises for U.S. Economy The U.S. economy continues to improve, with forecasts now suggesting economic expansion into 2015, according...
Read more »

Tags: , , , , , ,
Posted in Mortgage Brokers | No Comments »

Earlier: Chicago Fed National Activity Index improves, Kansas City Fed Mfg Survey shows contraction

By
Earlier: Chicago Fed National Activity Index improves, Kansas City Fed Mfg Survey shows contraction

A couple of reports from earlier this morning: • The Chicago Fed released the national activity index (a composite index of other indicators): Economic Activity Increased in November Led by improvements in production-related indicators, the Chicago Fed National Activity Index (CFNAI) increased to +0.10 in November from –0.64 in October. Two of the four...
Read more »

Tags: , , , , , , , , , ,
Posted in Mortgage Brokers | No Comments »

Low Mortgage Rates and Refinance Activity

By
Low Mortgage Rates and Refinance Activity

Freddie Mac reported earlier today: Mortgage Rates Near Record Lows As Home Construction Builds Up Steam Freddie Mac today released the results of its Primary Mortgage Market Survey® (PMMS®), showing fixed mortgage rates edging slightly lower with the 30-year fixed averaging 3.37 percent, just above its all-time record low of 3.36 percent, and the...
Read more »

Tags: , , ,
Posted in Mortgage Brokers | No Comments »

MBA: Mortgage Purchase activity highest since June

By
MBA: Mortgage Purchase activity highest since June

From the MBA: Mortgage Applications Decrease in Latest MBA Weekly Survey The Refinance Index decreased 2 percent from the previous week. The seasonally adjusted Purchase Index increased 2 percent from one week earlier. “Refinance applications declined somewhat last week although volume is still near three-year highs, and purchase applications increased to the highest level...
Read more »

Tags: , , , , ,
Posted in Mortgage Brokers | No Comments »

Sitemap Madbadcat Graphics