Musing About Economics, Computers and Technology

From the MBA: Mortgage Applications Decrease in Latest MBA Weekly SurveyMortgage applications decreased 3.7 percent from one week earlier, according to data from the Mortgage… MBA: Mortgage Applications Decrease in Latest Weekly Survey

From Matthew Graham at Mortgage News Daily: Yes, Mortgage Rates Are Now Over 7%, But It’s ComplicatedThat brings us to the bottom line on 7%… Wednesday: Pending Home Sales

http://www.calculatedriskblog.com/2022/09/wednesday-pending-home-sales.html

Today, in the Calculated Risk Real Estate Newsletter: New Home Sales Increased in August; Completed Inventory IncreasedBrief excerpt: The next graph shows the months of… New Home Sales Increased in August; Completed Inventory Increased

The Census Bureau reports New Home Sales in August were at a seasonally adjusted annual rate (SAAR) of 685 thousand.The previous three months were revised… New Home Sales Increase to 685,000 Annual Rate in August

Today, in the Calculated Risk Real Estate Newsletter: Case-Shiller: National House Price Index “Continued its Deceleration” to 15.8% year-over-year increase in JulyExcerpt: Both the Case-Shiller… Comments on July Case-Shiller and FHFA House Price Decreases

S&P/Case-Shiller released the monthly Home Price Indices for July (“July” is a 3-month average of May, June and July closing prices).This release includes prices for… Case-Shiller: National House Price Index "Continued its Deceleration" to 15.8% year-over-year increase in July

From Matthew Graham at Mortgage News Daily: Mortgage Rates Now at 20-Year HighsThe most recent historical high water market for mortgage rates was “14 years.”… Tuesday: Durable Goods, Case-Shiller and FHFA House Prices, New Home Sales, Richmond Fed Mfg

Freddie Mac reported that the Single-Family serious delinquency rate in August was 0.70%, down from 0.73% July. Freddie’s rate is down year-over-year from 1.62% in… Freddie Mac: Mortgage Serious Delinquency Rate decreased in August

Today, in the Calculated Risk Real Estate Newsletter: New Home Sales and Cancellations: Net vs Gross SalesA brief excerpt: Tomorrow (Tuesday), the Census Bureau will… New Home Sales and Cancellations: Net vs Gross Sales