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Posts Tagged ‘ September ’

Mortgage News Daily: Mortgage Rates at 4.22%, Down from 4.45% Last September

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Mortgage News Daily: Mortgage Rates at 4.22%, Down from 4.45% Last September

I use the weekly Freddie Mac Primary Mortgage Market Survey® (PMMS®) to track mortgage rates. The PMMS series started in 1971, so there is a fairly long historical series. For daily rates, the Mortgage News Daily has a series that tracks the PMMS very well, and is usually updated daily around 3 PM ET....
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Schedule for Week of September 21st

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Schedule for Week of September 21st

The key reports this week are August New home sales on Wednesday, Existing home sales on Monday, and the third estimate of Q2 GDP on Friday. For manufacturing, the September Richmond and Kansas City Fed surveys will be released this week. —– Monday, September 22nd —–8:30 AM ET: Chicago Fed National Activity Index for...
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Preliminary September Consumer Sentiment increases to 84.6

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Preliminary September Consumer Sentiment increases to 84.6

Click on graph for larger image. The preliminary Reuters / University of Michigan consumer sentiment index for September was at 84.6, up from 82.5 in August. This was above the consensus forecast of 83.1. Sentiment has generally been improving following the recession – with plenty of ups and downs – and a big spike...
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DOT: Vehicle Miles Driven increased 1.5% in September

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DOT: Vehicle Miles Driven increased 1.5% in September

The Department of Transportation (DOT) reported: ? Travel on all roads and streets changed by 1.5% (3.7 billion vehicle miles) for September 2013 as compared with September 2012. ? Travel for the month is estimated to be 241.7 billion vehicle miles. ? Cumulative Travel for 2013 changed by 0.4% (9.8 billion vehicle miles). The...
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CoStar: Commercial Real Estate prices mostly unchanged in September, Up 8.4% Year-over-year

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CoStar: Commercial Real Estate prices mostly unchanged in September, Up 8.4% Year-over-year

Here is a price index for commercial real estate that I follow.  From CoStar: CRE Prices Gain Traction Across All Property Types During Third Quarter 2013 Despite Uncertainty Over Economic Policy CRE PRICES POST MODEST QUARTERLY GAINS DESPITE SEPTEMBER LULL: After posting modest gains throughout the third quarter of 2013, price growth for commercial...
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Trade Deficit increased in September to $41.8 Billion

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Trade Deficit increased in September to $41.8 Billion

The Department of Commerce reported this morning: otal September exports of 8.9 billion and imports of 0.7 billion resulted in a goods and services deficit of .8 billion, up from .7 billion in August, revised. September exports were .4 billion less than August exports of 9.3 billion. September imports were .7 billion more than August...
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Freddie Mac: Mortgage Serious Delinquency rate declined in September, Lowest since April 2009

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Freddie Mac: Mortgage Serious Delinquency rate declined in September, Lowest since April 2009

Freddie Mac reported that the Single-Family serious delinquency rate declined in September to 2.58% from 2.64% in August. Freddie’s rate is down from 3.37% in September 2012, and this is the lowest level since April 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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U.S. Light Vehicle Sales decline to 15.2 million annual rate in September

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U.S. Light Vehicle Sales decline to 15.2 million annual rate in September

Based on an estimate from WardsAuto, light vehicle sales were at a 15.24 million SAAR in September. That is up 2.4% from September 2012, and down 4.9% from the sales rate last month. Some of the decline in September (and strong August) was related to the timing of the Labor Day holiday. This was below the consensus forecast...
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Chemical Activity Barometer for September Suggests Economic Activity Increasing

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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...
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WSJ’s Hilsenrath: September FOMC Meeting “Cliffhanger”

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WSJ’s Hilsenrath: September FOMC Meeting “Cliffhanger”

From Jon Hilsenrath at the WSJ: Fed Officials Face Cliffhanger September Meeting After Mixed Jobs Report Fed officials want to start scaling back their billion-per-month bond-buying program this year and could take a small step in that direction at their policy meeting Sept. 17-18. But the economic data in recent months have been ambiguous...
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