Finance and Economics
Friday, February 12, 2016
Mortgage News Daily: "Lenders quoting 30yr fixed rates of 3.65%"
Mortgage rates increased today, but are still very low. From Matthew Graham at Mortgage News Daily: Mortgage Rates Jump Higher From Long-T...
Hotel Occupancy: 2016 Tracking Record Year
Interesting tidbit: Even though January is one of the weakest periods of the year, average weekly ho...
NY Fed: Household Debt Increased "Modestly" in Q4 2015, Delinquency Rates Declined
The Q4 report was released today: Household Debt and Credit Report . From the NY Fed: Household D...
Preliminary February Consumer Sentiment decreases to 90.7
The preliminary University of Michigan consumer sentiment index for February was at 90.7, down from...
Retail Sales increased 0.2% in January
On a monthly basis, retail sales were up 0.2% from December to January (seasonally adjusted), and sa...
Thursday, February 11, 2016
Sacramento Housing in January: Sales up 3.9%, Inventory down 25% YoY
Friday: • At 8:30 AM ET, Retail sales for January will be released. The consensus is for retail s...
An update on oil prices
From the WSJ: U.S. Crude Settles at 13-Year Low on Oversupply Fears Oil prices settled at their lo...
AIA Forecast: 8% increase in Nonresidential Construction in 2016
Note: This does not include spending for oil and gas (that sector will be down in 2016). From the AIA: Nonresidential Construction Market ...
Weekly Initial Unemployment Claims decrease to 269,000
The DOL reported : In the week ending February 6, the advance figure for seasonally adjusted initi...
Wednesday, February 10, 2016
Thursday: Unemployment Claims, Fed Chair Janet Yellen
From Matthew Graham at Mortgage News Daily: Mortgage Rates Inch Further Into 1-Year Lows Mortgage rates barely budged today, but did mana...
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