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Tuesday: Housing Starts, Case-Shiller House Prices, and More

From Matthew Graham at Mortgage News Daily: Mortgage Rates Still Moving Lower After Last Week’s Stellar DropMortgage rates continued deeper into long-term lows today as the underlying bond market experiences…

Source: Tuesday: Housing Starts, Case-Shiller House Prices, and More

Freddie Mac: Mortgage Serious Delinquency Rate Decreased Slightly in February

Freddie Mac reported that the Single-Family serious delinquency rate in February was 0.69%, down slightly from 0.70% in January. Freddie’s rate is down from 1.06% in February 2018.Freddie’s serious delinquency…

Source: Freddie Mac: Mortgage Serious Delinquency Rate Decreased Slightly in February

Dallas Fed: "Texas Manufacturing Activity Continues to Grow"

From the Dallas Fed: Texas Manufacturing Activity Continues to GrowTexas factory activity continued to expand in Marc­h, according to business executives responding to the Texas Manufacturing Outlook Survey. The production…

Source: Dallas Fed: "Texas Manufacturing Activity Continues to Grow"

Chicago Fed "Index points to little change in economic growth in February"

From the Chicago Fed: Index points to little change in economic growth in FebruaryThe Chicago Fed National Activity Index (CFNAI) edged down to –0.29 in February from –0.25 in January.…

Source: Chicago Fed "Index points to little change in economic growth in February"

Schedule for Week of March 24, 2019

The key reports this week are the third estimate of Q4 GDP, February Housing Starts and New Home Sales.Other key reports include Case-Shiller house prices, and Personal Income for February,…

Source: Schedule for Week of March 24, 2019

Q1 GDP Forecasts: Around 1%

From Goldman Sachs: We boosted our Q1 GDP tracking estimate by three tenths to +0.7% (qoq ar). However … we lowered our past-quarter GDP tracking estimate for Q4 by two…

Source: Q1 GDP Forecasts: Around 1%

BLS: Unemployment Rates at New Series Lows in Alabama, North Dakota, Tennesse and Vermont

From the BLS: Regional and State Employment and Unemployment SummaryUnemployment rates were lower in February in 4 states and stable in 46 states and the District of Columbia, the U.S.…

Source: BLS: Unemployment Rates at New Series Lows in Alabama, North Dakota, Tennesse and Vermont

Comments on February Existing Home Sales

Earlier: NAR: Existing-Home Sales Increased to 5.51 million in FebruaryA few key points:1) Seasonally February is one of the weakest months of the year for existing home sales (See Not…

Source: Comments on February Existing Home Sales

NAR: Existing-Home Sales Increased to 5.51 million in February

From the NAR: Existing-Home Sales Surge 11.8 Percent in FebruaryExisting-home sales rebounded strongly in February, experiencing the largest month-over-month gain since December 2015, according to the National Association of Realtors®.…

Source: NAR: Existing-Home Sales Increased to 5.51 million in February

Friday: Existing Home Sales

From Matthew Graham at Mortgage News Daily: Mortgage Rates Move Deeper Into Long-Term LowsGranted, we’re not back to the sub-4% mortgage rates that dominated much of the past 8 years,…

Source: Friday: Existing Home Sales

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