by Calculated Risk on 6/12/2025 08:30:00 AM The DOL reported: In the week ending June 7, the advance figure for seasonally adjusted initial claims was 248,000, unchanged from the previous week’s revised level. The previous week’s level was revised up by 1,000 from 247,000 to 248,000. The 4-week moving average was 240,250, an increase of…
by Calculated Risk on 6/11/2025 07:37:00 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 initial claims of 239 thousand, up from 247 thousand last week. • Also at 8:30 AM, The Producer…
Bitcoin showed a sharp rise on Tuesday as investors reacted positively to the progress in trade negotiations between the United States and China. At the same time, there is still caution in the market ahead of the publication of US inflation data later this week. The cryptocurrency rose by 1.9%, reaching $110 257. It has…
by Calculated Risk on 6/11/2025 01:00:00 PM Today, in the Calculated Risk Real Estate Newsletter: 2nd Look at Local Housing Markets in May A brief excerpt: I’ve rearranged these looks at local data with closed sales first, new listings second and active inventory at the end. I’ve also spelled Raleigh correctly! …In May, sales in…
Representatives from the United States and China have reached a framework agreement on trade following two days of high-level talks in London. But why isn’t there a sense of euphoria in the markets? The agreements between the delegations followed a phone conversation between Trump and Xi that helped ease tensions between the two countries. A…
by Calculated Risk on 6/11/2025 07:00:00 AM From the MBA: Mortgage Applications Increase in Latest MBA Weekly Survey Mortgage applications increased 12.5 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending June 6, 2025. Last week’s results included an adjustment for the…
by Calculated Risk on 6/10/2025 07:45:00 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 May from the BLS. The consensus is…
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…