by Calculated Risk on 6/10/2025 11:55:00 AM The Consumer Price Index for May is scheduled to be released tomorrow. The consensus is for a 0.2% increase in CPI, and a 0.3% increase in core CPI. The consensus is for CPI to be up 2.5% year-over-year (YoY), and core CPI to be up 2.9% YoY. From…
by Calculated Risk on 6/09/2025 08:07:00 PM From Matthew Graham at Mortgage News Daily: Mortgage Rates a Hair Lower to Start The Week As hoped, Friday’s big rate spike did not carry additional momentum into the new week. This is occasionally a risk when rates are responding to big surprise in the jobs report, but…
by Calculated Risk on 6/09/2025 04:12:00 PM The ICE Home Price Index (HPI) is a repeat sales index. ICE reports the median price change of the repeat sales. From ICE (Intercontinental Exchange): • Recent data shows home price growth continued to cool, dropping to an annual growth rate of +1.4%, down from an already low…
by Calculated Risk on 6/09/2025 10:25:00 AM Today, in the Calculated Risk Real Estate Newsletter: Part 1: Current State of the Housing Market; Overview for mid-June 2025 A brief excerpt: This 2-part overview for mid-June provides a snapshot of the current housing market. First, a quote from Toll Brothers CEO Douglas Yearley Jr.: “The spring…
by Calculated Risk on 6/08/2025 06:36:00 PM Weekend:• Schedule for Week of June 8, 2025 Monday:• No major economic releases scheduled. From CNBC: Pre-Market Data and Bloomberg futures S&P 500 are down 7 and DOW futures are down 35 (fair value). Oil prices were up over the last week with WTI futures at $64.58 per…
by Calculated Risk on 6/08/2025 08:07:00 AM From Dodge Data Analytics: Dodge Momentum Index Increases 4% in May The Dodge Momentum Index (DMI), issued by Dodge Construction Network, grew 3.7% in May to 211.2 (2000=100) from the downwardly revised April reading of 203.5. Over the month, commercial planning grew 0.8% while institutional planning improved 10.5%….
At the Calculated Risk Real Estate Newsletter this week: Click on graph for larger image. • Fannie and Freddie: Single Family Serious Delinquency Rates Decreased in April • Q1 Update: Delinquencies, Foreclosures and REO • 1st Look at Local Housing Markets in May • June ICE Mortgage Monitor: Home Prices Continue to Cool • Asking…
by Calculated Risk on 6/07/2025 08:11:00 AM The key report this week is May CPI. —– Monday, June 9th —– No major economic releases scheduled. —– Tuesday, June 10th —– 6:00 AM ET: NFIB Small Business Optimism Index for April. —– Wednesday, June 11th —– 7:00 AM ET: The Mortgage Bankers Association (MBA) will release…
by Calculated Risk on 6/06/2025 07:39:00 PM Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. For deaths, I’m currently using 4 weeks ago for “now”, since the most recent three weeks will be revised significantly. Note: “Effective May 1, 2024, hospitals are no longer required to report COVID-19 hospital admissions, hospital…
by Calculated Risk on 6/06/2025 05:00:00 PM From the Association of American Railroads (AAR) AAR Data Center. Graph and excerpts reprinted with permission. Rail freight volumes in May 2025 tell a story of an industry navigating crosscurrents. On one side, carload traffic showed solid growth, reflecting resilience in key sectors of the domestic economy. On…