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…
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…
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…
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%….