Musing About Economics, Computers and Technology

Home of the most asinine posters on the internet

Month: July 2019 (page 1 of 7)

Fannie Mae: Mortgage Serious Delinquency Rate Unchanged in June

Fannie Mae reported that the Single-Family Serious Delinquency rate was unchanged at 0.70% in June, from 0.70% in May. The serious delinquency rate is down from 0.97% in June 2018.These…

Source: Fannie Mae: Mortgage Serious Delinquency Rate Unchanged in June

FOMC Statement: 25bp Decrease

FOMC Statement: Information received since the Federal Open Market Committee met in June indicates that the labor market remains strong and that economic activity has been rising at a moderate…

Source: FOMC Statement: 25bp Decrease

Zillow Case-Shiller Forecast: Mostly Lower YoY Price Gains in June compared to May

The Case-Shiller house price indexes for May were released yesterday. Zillow forecasts Case-Shiller a month early, and I like to check the Zillow forecasts since they have been pretty close.From…

Source: Zillow Case-Shiller Forecast: Mostly Lower YoY Price Gains in June compared to May

Chicago PMI "Softens to 44.4 in July"

From the Chicago PMI: Chicago Business Barometer™ – Softens to 44.4 in JulyThe Chicago Business BarometerTM, produced with MNI, eased further to 44.4 in July from 49.7 last month, the…

Source: Chicago PMI "Softens to 44.4 in July"

ADP: Private Employment increased 156,000 in July

From ADP: Private sector employment increased by 156,000 jobs from June to July according to the July ADP National Employment Report®. … The report, which is derived from ADP’s actual…

Source: ADP: Private Employment increased 156,000 in July

Wednesday: FOMC Announcement, ADP Employment, Chicago PMI

Wednesday:• At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.• At 8:15 AM, The ADP Employment Report for July. This…

Source: Wednesday: FOMC Announcement, ADP Employment, Chicago PMI

NAR: "Pending Home Sales Climb 2.8% in June"

From the NAR: Pending Home Sales Climb 2.8% in JunePending home sales continued to ascend in June, marking two consecutive months of growth, according to the National Association of Realtors®.…

Source: NAR: "Pending Home Sales Climb 2.8% in June"

Case-Shiller: National House Price Index increased 3.4% year-over-year in May

S&P/Case-Shiller released the monthly Home Price Indices for May (“May” is a 3 month average of March, April and May prices).This release includes prices for 20 individual cities, two composite…

Source: Case-Shiller: National House Price Index increased 3.4% year-over-year in May

Personal Income increased 0.4% in June, Spending increased 0.3%

The BEA released the Personal Income and Outlays report for June: Personal income increased $83.6 billion (0.4 percent) in June according to estimates released today by the Bureau of Economic…

Source: Personal Income increased 0.4% in June, Spending increased 0.3%

Tuesday: Personal Income & Outlays, Case-Shiller House Prices, Pending Home Sales

From Matthew Graham at Mortgage News Daily: Mortgage Rates Start Slow, But Risks Increase Throughout The WeekMortgage rates moved back down, albeit just slightly, into last week’s range. … Bigger…

Source: Tuesday: Personal Income & Outlays, Case-Shiller House Prices, Pending Home Sales

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