by Calculated Risk on 7/16/2025 02:00:00 PM Fed’s Beige Book Economic activity increased slightly from late May through early July. Five Districts reported slight or modest gains, five had flat activity, and the remaining two Districts noted modest declines in activity. That represented an improvement over the previous report, in which half of Districts reported…
by Calculated Risk on 7/15/2025 07:14:00 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 Producer Price Index for June from the BLS. The consensus is…
by Calculated Risk on 7/15/2025 04:06:00 PM The BLS reported earlier today: The Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) increased 2.6 percent over the last 12 months to an index level of 315.945 (1982-84=100). For the month, the index increased 0.4 percent prior to seasonal adjustment. CPI-W is the index…
by Calculated Risk on 7/15/2025 11:14:00 AM The Cleveland Fed released the median CPI and the trimmed-mean CPI. According to the Federal Reserve Bank of Cleveland, the median Consumer Price Index rose 0.2% in May. The 16% trimmed-mean Consumer Price Index increased 0.3%. “The median CPI and 16% trimmed-mean CPI are measures of core inflation…
by Calculated Risk on 7/14/2025 07:43:00 PM From Matthew Graham at Mortgage News Daily: Mortgage Rates Just a Hair Higher Ahead of Important Inflation Report Today’s movement in mortgage rates, in and of itself, is barely worth mentioning. The average lender remains close enough to Friday’s levels but is technically just a hair higher. That…
by Calculated Risk on 7/14/2025 02:31:00 PM The Consumer Price Index for May is scheduled to be released tomorrow. The Consumer Price Index for June from the BLS. The consensus is for a 0.3% increase in CPI, and a 0.3% increase in core CPI. The consensus is for CPI to be up 2.6% year-over-year and…
by Calculated Risk on 7/14/2025 11:26:00 AM Today, in the Calculated Risk Real Estate Newsletter: Will House Prices Decline Nationally in 2025? A brief excerpt: Most forecasts for 2025 were for U.S. house prices to increase modestly in the 3% to 4% range. My early view was “mostly flat prices nationally in 2025” with some…
by Calculated Risk on 7/13/2025 06:13:00 PM Weekend:• Schedule for Week of July 13, 2025 Monday:• No major economic releases scheduled. From CNBC: Pre-Market Data and Bloomberg futures S&P 500 are down 26 and DOW futures are down 185 (fair value). Oil prices were up over the last week with WTI futures at $68.45 per…
At the Calculated Risk Real Estate Newsletter this week: Click on graph for larger image. • Part 1: Current State of the Housing Market; Overview for mid-July 2025 • Part 2: Current State of the Housing Market; Overview for mid-July 2025 • 2nd Look at Local Housing Markets in June • July ICE Mortgage Monitor:…
by Calculated Risk on 7/12/2025 08:11:00 AM The key reports this week are June CPI, Retail Sales and Housing Starts. For manufacturing, the June Industrial Production report and the July New York and Philly Fed manufacturing surveys will be released. —– Monday, July 14th —– No major economic releases scheduled. —– Tuesday, July 15th —–…