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Posts Tagged ‘ June ’

Freddie Mac: Mortgage Serious Delinquency rate declined in June, Lowest since January 2009

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Freddie Mac: Mortgage Serious Delinquency rate declined in June, Lowest since January 2009

Freddie Mac reported that the Single-Family serious delinquency rate declined in June to 2.07% from 2.10% in May. Freddie’s rate is down from 2.79% in June 2013, and this is the lowest level since January 2009. Freddie’s serious delinquency rate peaked in February 2010 at 4.20%. These are mortgage loans that are “three monthly...
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CPI increases 0.3% in June, Core CPI 0.1%

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CPI increases 0.3% in June, Core CPI 0.1%

From the Bureau of Labor Statistics (BLS): Consumer Price Index – June 2014 The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3 percent in June on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 2.1 percent before seasonal...
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Lawler: Preliminary Table of Distressed Sales and Cash buyers for Selected Cities in June

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Lawler: Preliminary Table of Distressed Sales and Cash buyers for Selected Cities in June

Economist Tom Lawler sent me the preliminary table below of short sales, foreclosures and cash buyers for several selected cities in June. Comments from CR: Tom Lawler has been sending me this table every month for several years. I think it is very useful for looking at the trend for distressed sales and cash buyers...
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Schedule for Week of June 29th

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Schedule for Week of June 29th

This will be a busy holiday week for economic data with several key reports including the June employment report on Thursday. Other key reports include the ISM manufacturing index on Tuesday, June vehicle sales on Tuesday, and the May Trade Deficit and June ISM non-manufacturing index on Thursday. Fed Chair Janet Yellen will speak...
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Schedule for Week of June 15th

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Schedule for Week of June 15th

The key report this week is housing starts for May on Tuesday. For manufacturing, the May Industrial Production and Capacity Utilization report, and the June NY Fed (Empire State) and Philly Fed surveys, will be released this week.  For prices, CPI will be released on Tuesday. The FOMC meets on Tuesday and Wednesday, and...
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CoreLogic: House Prices up 11.9% Year-over-year in June

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CoreLogic: House Prices up 11.9% Year-over-year in June

Notes: This CoreLogic House Price Index report is for June. The recent Case-Shiller index release was for May. The CoreLogic HPI is a three month weighted average and is not seasonally adjusted (NSA). From CoreLogic: CoreLogic Reports June Home Prices Rise by 11.9 Percent Year Over Year Home prices nationwide, including distressed sales, increased...
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Freddie Mac: Mortgage Serious Delinquency rates declined in June, Lowest since early 2009

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Freddie Mac: Mortgage Serious Delinquency rates declined in June, Lowest since early 2009

Freddie Mac reported that the Single-Family serious delinquency rate declined in June to 2.79% from 2.85% in May. Freddie’s rate is down from 3.45% in June 2012, and this is the lowest level since May 2009. Freddie’s serious delinquency rate peaked in February 2010 at 4.20%. These are mortgage loans that are “three monthly payments or...
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Key Measures show low inflation in June

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Key Measures show low inflation in June

The Cleveland Fed released the median CPI and the trimmed-mean CPI this morning: According to the Federal Reserve Bank of Cleveland, the median Consumer Price Index rose 0.2% (2.1% annualized rate) in June. The 16% trimmed-mean Consumer Price Index rose 0.2% (2.2% annualized rate) during the month. The median CPI and 16% trimmed-mean CPI...
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Trulia: Asking Home Prices increased in June

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Trulia: Asking Home Prices increased in June

This was released earlier today: Trulia Reports Asking Home Prices Up 10.7 Percent Year-over-year Nationally as Mortgage Rates Rise Nationally, asking home prices rose 10.7 percent year-over-year (Y-o-Y) in June. Even excluding foreclosures, prices jumped 11.4 percent Y-o-Y, signaling that the current rise in prices is not primarily driven by the shift away from...
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Tuesday: June Auto Sales

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Tuesday: June Auto Sales

More grim news from Europe: Joblessness Edges Higher To Hit a Euro Zone Record Unemployment in the euro zone continued its steady rise in May … The jobless rate in the 17 countries that belong to the euro zone was 12.1 percent in May, adjusting for seasonal effects, according to a report from Eurostat,...
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