The Oldest and Most Trusted Real Estate News Magazine

Posts Tagged ‘ Unemployment ’

Thursday: Unemployment Claims, PPI

By
Thursday: Unemployment Claims, PPI

From Matthew Graham at Mortgage News Daily: New 2017 Lows for Rates, But There’s a Catch Mortgage rates fell to new lows for the year today, following the North Korea nuclear threat headlines.  In truth, the preceding sentence gives too much credit to geopolitical risk.  Rates were already drifting very close to the lowest levels since...
Read more »

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

Thursday: Unemployment Claims, Philly Fed Mfg

By
Thursday: Unemployment Claims, Philly Fed Mfg

From Matthew Graham at Mortgage News Daily: Mortgage Rates at 3-Week Lows Although today’s rates aren’t appreciably lower than yesterday’s, they’re technically the best we’ve seen since June 28th.  More lenders are quoting top tier conventional 30yr fixed rates of 4.0% instead of 4.125%, and some of the aggressive lenders are back down to...
Read more »

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

Thursday: Unemployment Claims, GDP

By
Thursday: Unemployment Claims, GDP

From Matthew Graham at Mortgage News Daily: Mortgage Rates Highest in More Than 2 Weeks Mortgage rates moved moderately higher again today, as investors continued digesting the possibility of a “taper tantrum” in Europe. …The average lender is once again quoting 4.0% on top tier conventional 30yr fixed scenarios.  Before today (and especially before yesterday), 3.875% was...
Read more »

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

Thursday: Unemployment Claims

By
Thursday: Unemployment Claims

Some interesting analysis from Josh Lehner at the Oregon Office of Economic Analysis: States at Full Employment, A Prime-Age EPOP Story The key economic question economists are trying to answer today is whether or not the U.S. economy is at full employment. Given it is more a concept then a hard calculation, you look for signs in the...
Read more »

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

Thursday: Unemployment Claims, Trade Deficit

By
Thursday: Unemployment Claims, Trade Deficit

From Merrill Lynch on FOMC announcement: The FOMC communicated today a lack of concern about the recent slowdown in economic data, describing it as “transitory” while “the fundamentals underpinning the continued growth of consumption remained solid”. Not surprisingly then the statement was interpreted as hawkish relative to market expectations, as the Treasury curve bear...
Read more »

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

Thursday: PPI, Unemployment Claims, Consumer Sentiment

By
Thursday: PPI, Unemployment Claims, Consumer Sentiment

From Matthew Graham at Mortgage News Daily: Rates Move Deeper Into 2017 Lows After Trump Comments Mortgage rates continued lower today, bringing them even deeper into new lows for 2017.  Bond markets (which underlie rate movement) were already doing just fine this morning, but got a boost from Trump’s comments on the strength of the US...
Read more »

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

Weekly Initial Unemployment Claims increase to 258,000

By
Weekly Initial Unemployment Claims increase to 258,000

The DOL reported: In the week ending March 18, the advance figure for seasonally adjusted initial claims was 258,000, an increase of 15,000 from the previous week’s revised level. The previous week’s level was revised up by 2,000 from 241,000 to 243,000. The 4-week moving average was 240,000, an increase of 1,000 from the...
Read more »

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

Thursday: New Home Sales, Unemployment Claims

By
Thursday: New Home Sales, Unemployment Claims

From Matthew Graham at Mortgage News Daily: Mortgage Rates Resume Big-Picture Uptrend Mortgage rates moved higher for the 5th time in the past 6 business days. The past 2 days have combined to bring rates a full .125% higher. That’s the increment by which rates are most commonly divided (i.e. 4.0, 4.125%, 4.25%, etc.)....
Read more »

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

Thursday: ADP Employment, Unemployment Claims, ISM Non-Mfg, Apartment Survey

By
Thursday: ADP Employment, Unemployment Claims, ISM Non-Mfg, Apartment Survey

Thursday:• At 8:15 AM ET, the ADP Employment Report for December. This report is for private payrolls only (no government). The consensus is for 172,000 payroll jobs added in December, down from 216,000 added in November. • At 8:30 AM, the initial weekly unemployment claims report will be released.  The consensus is for 260...
Read more »

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

Thursday: ISM Mfg, Auto sales, Unemployment claims, Construction Spending

By
Thursday: ISM Mfg, Auto sales, Unemployment claims, Construction Spending

A few comments from Steven Kopits of Princeton Energy Advisors LLC: “OPEC today struck what increasingly appears to be a historic deal, with both cuts and participation well in excess of earlier expectations.  Total OPEC cuts, compared to OPEC production as recorded by secondary sources for October 2016, are forecast at 1.2 mbpd.  To...
Read more »

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

Sitemap Madbadcat Graphics