Musing About Economics, Computers and Technology

At the Calculated Risk Real Estate Newsletter this week: • Will 4% Mortgage Rates “Halt the Housing Market”? Some comments on an interview with Ivy… Real Estate Newsletter Articles this Week

The key reports this week are the advance estimate of Q3 GDP and September New Home sales.Other key indicators include Personal Income and Outlays for… Schedule for Week of October 24, 2021

From Matthew Graham at Mortgage News Daily: Highest Rates Since April, But There’s a CatchOver the past 30 days, interest rates have risen sharply. This… 30 Year Mortgage Rates "Highest Since April" at 3.27%

Some important comments from Harvard Professor Subramanian on a recent paper he wrote (that is being misinterpreted): “This paper supports vaccination as an important strategy… October 22nd COVID-19: Still Over 70,000 New Cases per Day

Today, in the Newsletter: The Coming Deceleration in House Price GrowthExcerpt: [This graph] – as of the NAR release yesterday – shows that Case-Shiller followed… The Coming Deceleration in House Price Growth

Note: Both Black Knight and the MBA (Mortgage Bankers Association) are putting out weekly estimates of mortgages in forbearance.This data is as of October 19th.From… Black Knight: "Forbearance Declines Hit Mid-Month Lull"

These are forecasts of the advance estimate of GDP to be released on Oct 28th.Here is a table of some of the forecasts over the… Q3 GDP Forecasts: Around 2.5%

Note: At the beginning of the pandemic, the delinquency rate increased sharply (see table below).   Loans in forbearance are counted as delinquent in this survey,… Black Knight: National Mortgage Delinquency Rate Decreased in September

The CDC is the source for all data.According to the CDC, on Vaccinations.  Total doses administered: 411,010,650, as of a week ago 405,444,558, or 0.80… October 20th COVID-19: Progress

Note: Since occupancy declined sharply at the onset of the pandemic, CoStar is comparing to 2019.From CoStar: STR: US Hotel Occupancy Reaches Highest Level Since… Hotels: Occupancy Rate Down 10% Compared to Same Week in 2019