by Calculated Risk on 8/07/2025 08:30:00 AM The DOL reported: In the week ending August 2, the advance figure for seasonally adjusted initial claims was 226,000, an increase of 7,000 from the previous week’s revised level. The previous week’s level was revised up by 1,000 from 218,000 to 219,000. The 4-week moving average was 220,750,…
by Calculated Risk on 8/06/2025 07:27:00 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 220 thousand from 218 thousand last week. Source link
by Calculated Risk on 8/06/2025 01:21:00 PM Early in February, I expressed my “increasing concern” about the negative economic impact of “executive / fiscal policy errors”, however, I concluded that post by noting that I was not currently on recession watch. In early April, I went on recession watch, but I’m still not yet predicting a…
by Calculated Risk on 8/06/2025 10:20:00 AM Today, in the Real Estate Newsletter: Asking Rents Mostly Unchanged Year-over-year Brief excerpt: Another monthly update on rents. Tracking rents is important for understanding the dynamics of the housing market. Slower household formation and increased supply (more multi-family completions) has kept asking rents under pressure. More recently, immigration…
by Calculated Risk on 8/06/2025 07:00:00 AM From the MBA: Mortgage Applications Increase in Latest MBA Weekly Survey Mortgage applications increased 3.1 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending August 1, 2025. The Market Composite Index, a measure of mortgage…
by Calculated Risk on 8/05/2025 08:56:00 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. Source link
by Calculated Risk on 8/05/2025 03:51:00 PM From Cotality (formerly CoreLogic): US home price insights — August 2025 The end of the 2025 spring homebuyers season ended softly, with slower price growth dominating the narrative and potentially opening the door to more buyers. • Year-over-year price growth dipped to 1.7% in June 2025 and is…
by Calculated Risk on 8/05/2025 11:44:00 AM Today, in the Calculated Risk Real Estate Newsletter: Q2 NY Fed Report: Mortgage Originations by Credit Score, Foreclosures Decrease A brief excerpt: The NY Fed released the Q2 Quarterly Report on Household Debt and Credit this morning. Here are a few charts from the report. Note: The Liberty…
by Calculated Risk on 8/05/2025 11:13:00 AM From the NY Fed: Household Debt Growth Remains Steady; Auto Loan Originations Pick Up The Federal Reserve Bank of New York’s Center for Microeconomic Data today issued its Quarterly Report on Household Debt and Credit. The report shows total household debt increased by $185 billion (1%) in Q2…
by Calculated Risk on 8/04/2025 08:12:00 PM From Matthew Graham at Mortgage News Daily: Lowest Mortgage Rates Since Early October Friday’s reaction was so big that the average mortgage lender didn’t fully adjust their rate offerings to match the market movement. This is typical of very large swings in bonds. It also meant that we…