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Posts Tagged ‘ Starts ’

Wednesday: Housing Starts, Beige Book

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Wednesday: Housing Starts, Beige Book

Wednesday:• At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index. • At 8:30 AM, Housing Starts for June. The consensus is for 1.260 million SAAR, down from 1.269 million SAAR in May. • During the day, The AIA’s Architecture Billings Index for June (a...
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Tuesday: Housing Starts

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Tuesday: Housing Starts

From Matthew Graham at Mortgage News Daily: Mortgage Rates Stay Flat, But Risks Will Increase From Here Mortgage rates were only modestly higher today. Most lenders were still quoting the same rates compared to Friday with the only difference being slightly higher upfront costs. This means the rate at the top of the average...
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Friday: Employment Report, Housing Starts, Speech Fed Chair Powell

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Friday: Employment Report, Housing Starts, Speech Fed Chair Powell

My February Employment Preview Goldman: February Payrolls Preview Friday:• At 8:30 AM ET, Employment Report for February.   The consensus is for 178,000 jobs added, and for the unemployment rate to decline to 3.9%. • At 8:30 AM, Housing Starts for January. The consensus is for 1.170 million SAAR, up from 1.078 million SAAR....
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Thursday: Housing Starts (Postponed), Unemployment Claims, Philly Fed Mfg Survey

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Thursday: Housing Starts (Postponed), Unemployment Claims, Philly Fed Mfg Survey

Thursday:• At 8:30 AM, POSTPONED Housing Starts for December. The consensus is for 1.256 million SAAR, unchanged from 1.256 million SAAR. • At 8:30 AM, The initial weekly unemployment claims report will be released. The consensus is for 220 thousand initial claims, up from 216 thousand the previous week. • At 8:30 AM, the...
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Quarterly Housing Starts by Intent

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Quarterly Housing Starts by Intent

Here is a graph I haven’t updated in some time. From the Census Bureau “Started and Completed by Purpose of Construction” through Q2 2018. This graph shows the NSA quarterly intent for four start categories since 1975: single family built for sale, owner built (includes contractor built for owner), starts built for rent, and...
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Thursday: Housing Starts, Unemployment Claims, Philly Fed Mfg

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Thursday: Housing Starts, Unemployment Claims, Philly Fed Mfg

Thursday:• At 8:30 AM ET, Housing Starts for July. The consensus is for 1.271 million SAAR, up from 1.173 million SAAR. • Also at 8:30 AM, The initial weekly unemployment claims report will be released.  The consensus is for 215 thousand initial claims, up from 213 thousand the previous week. • Also at 8:30...
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Wednesday: Housing Starts, Industrial Production

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Wednesday: Housing Starts, Industrial Production

Wednesday:• At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index. • At 8:30 AM, Housing Starts for April. The consensus is for 1.325 million SAAR, up from 1.319 million SAAR in March. • At 9:15 AM, The Fed will release Industrial Production and Capacity...
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Tuesday: Housing Starts, Industrial Production

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Tuesday: Housing Starts, Industrial Production

From Matthew Graham at Mortgage News Daily: Mortgage Rates Back to Unchanged After Starting Higher Mortgage rates began the day at higher levels, as bond markets lost ground overnight. Bonds dictate rates, and “losing ground” means bond prices are falling. When bond prices fall, rates move higher.…As bonds improved, most lenders ended up releasing...
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Comments on February Housing Starts

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Comments on February Housing Starts

Earlier: Housing Starts decreased to 1.236 Million Annual Rate in February The housing starts report released this morning showed starts were down 7.0% in February compared to January, and starts were down 4.0% year-over-year compared to February 2017.   The decline in starts was due to the volatile multi-family sector.  Single family starts were...
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Tuesday: Housing Starts

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Tuesday: Housing Starts

From Matthew Graham at Mortgage News Daily: Mortgage Rates Rise Only Slightly Despite Weaker Market Cues Mortgage rates bounced modestly higher today, bringing the average lender back in line with last Wednesday’s levels. Bond markets (which underlie mortgage rate movement) suggested a slightly bigger bounce. We may not have seen such a bounce simply...
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