by Calculated Risk on 3/12/2025 07:51:00 PM Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Thursday:• At 8:30 AM ET, The initial weekly unemployment claims report will be released. The consensus is for 225 initial claims up from 221 thousand last week. • Also at 8:30 AM, The Producer Price Index…
by Calculated Risk on 3/12/2025 12:53:00 PM Today, in the Calculated Risk Real Estate Newsletter: Part 2: Current State of the Housing Market; Overview for mid-March 2025 A brief excerpt: Earlier this week, in Part 1: Current State of the Housing Market; Overview for mid-March 2025 I reviewed home inventory, housing starts and sales. In…
by Calculated Risk on 3/12/2025 11:23:00 AM The Cleveland Fed released the median CPI and the trimmed-mean CPI. According to the Federal Reserve Bank of Cleveland, the median Consumer Price Index rose 0.3% in February. The 16% trimmed-mean Consumer Price Index increased 0.3%. “The median CPI and 16% trimmed-mean CPI are measures of core inflation…
by Calculated Risk on 3/11/2025 07:55:00 PM Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Wednesday:• At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index. • At 8:30 AM, The Consumer Price Index for February from the BLS. The consensus is…
by Calculated Risk on 3/11/2025 02:51:00 PM The Consumer Price Index for February is scheduled to be released tomorrow. The consensus is for a 0.3% increase in CPI, and a 0.3% increase in core CPI. The consensus is for CPI to be up 2.9% year-over-year (YoY), and core CPI to be up 3.2% YoY. From…
by Calculated Risk on 3/10/2025 07:53:00 PM From Matthew Graham at Mortgage News Daily: Mortgage Rates Recover Some of Last Week’s Losses Bonds are once again paying attention to weakness in stocks–it just happened to take a bigger drop in stocks that we saw last week. Despite the improvement in rates, we would still expect…
by Calculated Risk on 3/10/2025 01:41:00 PM From the Association of American Railroads (AAR) Rail Time Indicators. Graphs and excerpts reprinted with permission. Uncertainty shapes economic cycles — fueling booms, triggering busts, and driving debates about what comes next. Uncertainty abounds in the railroad industry too, where evolving demand, market conditions, and economic policies constantly…
by Calculated Risk on 3/10/2025 10:36:00 AM Today, in the Calculated Risk Real Estate Newsletter: Part 1: Current State of the Housing Market; Overview for mid-March 2025 A brief excerpt: This 2-part overview for mid-March provides a snapshot of the current housing market. Inventory, inventory, inventory! Inventory usually tells the tale. Currently I’m watching months-of-supply…
by Calculated Risk on 3/09/2025 07:12:00 PM Weekend:• Schedule for Week of March 9, 2025 Monday:• No major economic releases scheduled. From CNBC: Pre-Market Data and Bloomberg futures S&P 500 are down 48 and DOW futures are down 294 (fair value). Oil prices were down over the last week with WTI futures at $67.04 per…
by Calculated Risk on 3/09/2025 08:12:00 AM The BLS reported 151 thousand non-farm jobs were added in February. During the Winter months, I like to look at the weather impact on the report. The BLS reported 404 thousand people were employed in non-agriculture industries, with a job, but not at work due to bad weather….