by Calculated Risk on 1/27/2025 07:17:00 PM From Matthew Graham at Mortgage News Daily: Mortgage Rates Only Moderately Lower After Tech Rout Even though there is some uncertainty about the near-term Fed rate outlook and even though we have a Fed meeting coming up on Wednesday, today was all about conventional wisdom for interest rates….
The main events by the morning: January 27 Source link
by Calculated Risk on 1/27/2025 02:23:00 PM On the positive side of the MLK Day calendar shift, the U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through 18 January. … 12-18 January 2025 (percentage change from comparable week in 2024): • Occupancy: 55.8% (+6.7%)• Average daily rate (ADR): US$155.81 (+10.0%)• Revenue…
by Calculated Risk on 1/26/2025 07:27:00 PM Weekend:• Schedule for Week of January 26, 2025 Monday:• At 8:30 AM ET, Chicago Fed National Activity Index for December. This is a composite index of other data. • At 10:00 AM, New Home Sales for December from the Census Bureau. The consensus is for 670 thousand SAAR,…
by Calculated Risk on 1/26/2025 12:01:00 PM Most analysts expect no change to FOMC policy at the meeting this week, keeping the target range at 4 1/4 to 4 1/2 percent. Market participants currently expect the FOMC to be on hold at the January, March and May meetings, with the next rate cut in…
by Calculated Risk on 1/25/2025 11:31:00 PM Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. SPECIAL NOTE: The CDC has stopped releasing health data (hopefully temporarily). 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,…
At the Calculated Risk Real Estate Newsletter this week: Click on graph for larger image. • NAR: Existing-Home Sales Increased to 4.24 million SAAR in December • NMHC on Apartments: “Looser market conditions for the tenth consecutive quarter • 1.73 million Total Housing Completions in 2024 including Manufactured Homes; Most Since 2006 • 4th Look…
by Calculated Risk on 1/25/2025 08:11:00 AM The key reports scheduled for this week are the advance estimate of Q4 GDP, December New Home sales, December Personal Income and Outlays and November Case-Shiller house prices. The FOMC meets this week, and no change to policy is expected. —– Monday, January 27th —– 8:30 AM: Chicago…
by Calculated Risk on 1/24/2025 05:10:00 PM From BofA: Since our last weekly publication, our 4Q GDP tracking estimate has moved up two-tenths to 2.3% q/q saar. [Jan 24th estimate]emphasis added From Goldman: We left our Q4 GDP tracking and domestic final sales estimates unchanged, each at +2.6% (quarter-over-quarter annualized). [Jan 24th estimate] And from…
by Calculated Risk on 1/24/2025 02:11:00 PM From WardsAuto: Some Letdown but January U.S. Light-Vehicle Sales Continue Q4-2024’s Growth (pay content). Brief excerpt: While demand in the middle of the month was negatively impacted by extreme weather conditions across most of the country, with a week remaining in January there is upside to the outlook….