unemployment

by Calculated Risk on 11/27/2024 01:15:00 PM Today, in the Calculated Risk Real Estate Newsletter: Fannie and Freddie: Single Family and Multi-Family Serious Delinquency Rates Increased in October Excerpt: Single-family serious delinquencies increased slightly in October, and multi-family serious delinquencies increased.… Multi-Family Delinquencies Increased, Fannie Rate Matches Highest Since 2011 (ex-Pandemic)…Freddie Mac reported that the…

by Calculated Risk on 11/27/2024 10:13:00 AM The BEA released the Personal Income and Outlays, October 2024 report for October: Personal income increased $147.4 billion (0.6 percent at a monthly rate) in October, according to estimates released today by the U.S. Bureau of Economic Analysis. Disposable personal income (DPI), personal income less personal current taxes,…

by Calculated Risk on 11/27/2024 08:33:00 AM The DOL reported: In the week ending November 23, the advance figure for seasonally adjusted initial claims was 213,000, a decrease of 2,000 from the previous week’s revised level. The previous week’s level was revised up by 2,000 from 213,000 to 215,000. The 4-week moving average was 217,000,…

by Calculated Risk on 11/27/2024 07:00:00 AM From the MBA: Mortgage Applications Increase in Latest MBA Weekly Survey — Mortgage applications increased 6.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 22, 2024. The Market Composite Index, a measure of…

by Calculated Risk on 11/26/2024 07:48:00 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 initial weekly unemployment claims report will be released. The consensus is…

by Calculated Risk on 11/26/2024 10:48:00 AM Today, in the Calculated Risk Real Estate Newsletter: New Home Sales Decrease Sharply to 610,000 Annual Rate in October Brief excerpt: Important: Sales in October were impacted by the hurricanes. The south region was down 27.7% year-over-year (“South” includes Florida, the Carolinas and Georgia – states hit hardest…