by Calculated Risk on 9/18/2025 10:59:00 AM Today, in the Calculated Risk Real Estate Newsletter: Lawler: Early Read on August Existing Home Sales, and Update on Mortgage/MBS Yields and Spreads A brief excerpt: From housing economist Tom Lawler: Early Read on Existing Home Sales in August Based on publicly-available local realtor/MLS reports released across the…
by Calculated Risk on 9/18/2025 08:30:00 AM The DOL reported: In the week ending September 13, the advance figure for seasonally adjusted initial claims was 231,000, a decrease of 33,000 from the previous week’s revised level. The previous week’s level was revised up by 1,000 from 263,000 to 264,000. The 4-week moving average was 240,000,…
by Calculated Risk on 9/17/2025 08:18:00 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 to increase to 240 thousand from 237 thousand last week. • Also at 8:30 AM, the…
Australia’s Unemployment Rate steadied at 4.2% in August, according to the official data released by the Australian Bureau of Statistics (ABS) on Thursday. The figure came in line with the market consensus of 4.2%. Furthermore, the Australian Employment Change arrived at -5.4K in August from 26.5K in July (revised from 24.5K), compared with the consensus forecast of 22K. The participation…
by Calculated Risk on 9/17/2025 04:01:00 PM Container traffic gives us an idea about the volume of goods being exported and imported – and usually some hints about the trade report since LA area ports handle about 40% of the nation’s container port traffic. The following graphs are for inbound and outbound traffic at the…
by Calculated Risk on 9/17/2025 02:08:00 PM Statement here. Fed Chair Powell press conference video here or on YouTube here, starting at 2:30 PM ET. Here are the projections. Since the last projections were released, economic growth, the unemployment rate and inflation all have been close to expectations. The BEA’s estimate for first half 2025…
by Calculated Risk on 9/17/2025 02:00:00 PM Fed Chair Powell press conference video here or on YouTube here, starting at 2:30 PM ET. FOMC Statement: Recent indicators suggest that growth of economic activity moderated in the first half of the year. Job gains have slowed, and the unemployment rate has edged up but remains low….
by Calculated Risk on 9/17/2025 09:10:00 AM Today, in the Calculated Risk Real Estate Newsletter: Housing Starts Decreased to 1.307 million Annual Rate in August A brief excerpt: Total housing starts in August were well below expectations, however, starts in June and July were revised up. The third graph shows the month-to-month comparison for total…
by Calculated Risk on 9/17/2025 08:30:00 AM From the Census Bureau: Permits, Starts and Completions Housing Starts:Privately-owned housing starts in August were at a seasonally adjusted annual rate of 1,307,000. This is 8.5 percent below the revised July estimate of 1,429,000 and is 6.0 percent below the August 2024 rate of 1,391,000. Single-family housing starts…
by Calculated Risk on 9/17/2025 07:00:00 AM From the MBA: Mortgage Applications Increase in Latest MBA Weekly Survey Mortgage applications increased 29.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending September 12, 2025. Last week’s results included an adjustment for the…