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Posts Tagged ‘ Existing ’

Monday: Existing Home Sales

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Monday: Existing Home Sales

Weekend:• Schedule for Week of Apr 22, 2018 Monday:• At 8:30 AM ET, Chicago Fed National Activity Index for March. This is a composite index of other data. • At 10:00 AM, Existing Home Sales for March from the National Association of Realtors (NAR). The consensus is for 5.28 million SAAR, down from 5.54...
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Wednesday: FOMC Announcement, Existing Home Sales

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Wednesday: FOMC Announcement, Existing Home Sales

Here is my FOMC preview and a preview from Goldman Sachs economists. Wednesday:• At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index. • At 10:00 AM, Existing Home Sales for February from the National Association of Realtors (NAR). The consensus is for 5.42 million...
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Wednesday: Existing Home Sales

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Wednesday: Existing Home Sales

From Matthew Graham at Mortgage News Daily: Rates Fall Slightly to Remain Near 8-Month Lows Mortgage rates were steady to slightly lower today, with underlying bond markets essentially erasing the damage seen yesterday.  This was neither here nor there for the mortgage world as most lenders didn’t adjust rates much higher yesterday (despite bond weakness).  Thus,...
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A Few Comments on March Existing Home Sales

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A Few Comments on March Existing Home Sales

Earlier: NAR: “Existing-Home Sales Jumped 4.4% in March” A few key points: 1) As usual, housing economist Tom Lawler’s forecast was closer to the NAR report than the consensus.  See: Lawler: Early Read on Existing Home Sales in March “I project that US existing home sales as estimated by the National Association of Realtors...
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Lawler: Early Read on Existing Home Sales in January

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Lawler: Early Read on Existing Home Sales in January

From housing economist Tom Lawler: Early Read on Existing Home Sales in January Based on publicly-available state and/or local realtor/MLS reports released through today, I project that US existing home sales as estimated by the National Association of Realtors ran at a seasonally adjusted annual rate of 5.60 million, up 2.0% from December’s preliminary...
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Tuesday: Existing Home Sales

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Tuesday: Existing Home Sales

From Matthew Graham at Mortgage News Daily: Mortgage Rates Erase Last Week’s Losses Mortgage rates fell somewhat significantly today, fully offsetting last week’s rise. Specifically, today’s average rates are back in line with those seen on Friday … 4.125% is back in play, now sharing relatively equal territory with 4.25% as the two most...
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A Few Comments on November Existing Home Sales

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A Few Comments on November Existing Home Sales

Earlier: Existing Home Sales increased in November to 5.61 million SAAR Several key points: 1) The strong year-over-year increase was related to the implementation of the new TILA-RESPA Integrated Disclosure (TRID) in November 2015. Note: TILA: Truth in Lending Act, and RESPA: the Real Estate Settlement Procedures Act of 1974. The impact from TRID...
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A Few Comments on October Existing Home Sales

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A Few Comments on October Existing Home Sales

Earlier: Existing Home Sales increased in October to 5.60 million SAAR First, these October existing home sales closed escrow before the recent increase in mortgage rates (rates started increasing after the election). Also, the recent increase in mortgage rates will probably have little impact on November closed sales, since most of those sales were...
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Lawler: Early Read on Existing Home Sales in October

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Lawler: Early Read on Existing Home Sales in October

From housing economist Tom Lawler: Based on publicly-available local realtor/MLS reports from across the country released through today, I project that US existing home sales as estimated by the National Association of Realtors ran at a seasonally adjusted annual rate of 5.47 million in October, unchanged from September’s preliminary pace and up 3.4% from...
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Thursday: Existing Home Sales, Unemployment Claims, Philly Fed Mfg

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Thursday: Existing Home Sales, Unemployment Claims, Philly Fed Mfg

Tonight (Wednesday) from 9:00 PM to 10:30 PM ET: the Third Presidential Debate, at University of Nevada, Las Vegas, Las Vegas, NV From Politifact PolitiFact’s guide to the third presidential debate Thursday:• At 8:30 AM ET, The initial weekly unemployment claims report will be released.  The consensus is for 250 thousand initial claims, up...
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