by Calculated Risk on 7/09/2025 01:22:00 PM This data is as of July 8, 2025. Click on graph for larger image. This data shows the 7-day average of daily total traveler throughput from the TSA for the last 6 years. Air travel is essentially unchanged YoY (7-day average up about 1.8% YoY). The red line…
by Calculated Risk on 7/09/2025 10:24:00 AM Today, in the Calculated Risk Real Estate Newsletter: Part 1: Current State of the Housing Market; Overview for mid-July 2025 A brief excerpt: This 2-part overview for mid-July provides a snapshot of the current housing market. The key stories for existing homes are that inventory is increasing sharply,…
by Calculated Risk on 7/09/2025 07:00:00 AM From the MBA: Mortgage Applications Increase in Latest MBA Weekly Survey Mortgage applications increased 9.4 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending July 4, 2025. Last week’s results included an adjustment for the…
by Calculated Risk on 7/08/2025 06:43:00 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 2:00 PM, FOMC Minutes, Meeting of June 17-18 Source link
by Calculated Risk on 7/08/2025 11:05:00 AM Today, in the Calculated Risk Real Estate Newsletter: 1st Look at Local Housing Markets in June A brief excerpt: Tracking local data gives an early look at what happened the previous month and also reveals regional differences in both sales and inventory. Closed sales in June were mostly…
by Calculated Risk on 7/08/2025 09:22:00 AM From Manheim Consulting today: Wholesale Used-Vehicle Prices Increase in June Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) were higher in June compared to May. The Manheim Used Vehicle Value Index (MUVVI) increased to 208.5, representing a 6.3% year-over-year increase and a 1.6% rise above…
by Calculated Risk on 7/08/2025 08:31:00 AM Note: Usually small business owners complain about taxes and regulations (currently 1st and 6th on the “Single Most Important Problem” list). During a recession, “poor sales” is usually the top problem and recently “inflation” was number 1. From the National Federation of Independent Business (NFIB): June 2025 Report:…
by Calculated Risk on 7/07/2025 07:48:00 PM From Matthew Graham at Mortgage News Daily: Mortgage Rates Continue Higher For Third Straight Day For the entire 2nd half of June, it was easy to be spoiled by the absence of volatility in mortgage rates. During that time, rates were either lower or unchanged every single day….
by Calculated Risk on 7/07/2025 02:38:00 PM This is something to watch again. Here is another monthly update on lumber prices. SPECIAL NOTE: The CME group discontinued the Random Length Lumber Futures contract on May 16, 2023. I switched to a physically-delivered Lumber Futures contract that was started in August 2022. Unfortunately, this impacts long…
by Calculated Risk on 7/07/2025 10:57:00 AM Today, in the Real Estate Newsletter: July ICE Mortgage Monitor: Home Prices Continue to Cool, Early Signs of Homeowner Risk Emerge Brief excerpt: House Price Growth Continues to Slow Here is the year-over-year in house prices according to the ICE Home Price Index (HPI). The ICE HPI is…