Wednesday, May 16, 2018

Phoenix Real Estate in April: Sales down 9% or up 4%?

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Yesterday I reported that sales in Phoenix were down 9% in April compared to April 2017. This was based on the monthly ARMLS Market Repor...

MBA: Mortgage Delinquency Rate decreased in Q1

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From the MBA: Mortgage Delinquencies Down in 1st Quarter of 2018 The delinquency rate for mortgage loans on one-to-four-unit residential p...

Comments on April Housing Starts

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Earlier: Housing Starts decreased to 1.287 Million Annual Rate in April The housing starts report released this morning showed starts were...

Industrial Production Increased 0.7% in April

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From the Fed: Industrial Production and Capacity Utilization Industrial production rose 0.7 percent in April for its third consecutive mo...

Housing Starts decreased to 1.287 Million Annual Rate in April

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From the Census Bureau: Permits, Starts and Completions Housing Starts: Privately-owned housing starts in April were at a seasonally adju...

MBA: Mortgage Applications Decrease in Latest Weekly Survey, Refi Index lowest since August 2008

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From the MBA: Mortgage Applications Decrease in Latest MBA Weekly Survey Mortgage applications decreased 2.7 percent from one week earlier...
Tuesday, May 15, 2018

Wednesday: Housing Starts, Industrial Production

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Wednesday: • At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index . ...

"Mortgage Rates Jump to 7-Year Highs"

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From Matthew Graham at Mortgage News Daily: Mortgage Rates Jump to 7-Year Highs Mortgage rates spiked in a big way today, bringing some le...

Phoenix Real Estate in April: Sales down 9%, Inventory down 26% YoY

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This is a key housing market to follow since Phoenix saw a large bubble / bust followed by strong investor buying. The Arizona Regional Mu...

Earlier from the NY Fed: Manufacturing "Business activity grew strongly in New York State"

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Earlier for the NY Fed: Empire State Manufacturing Survey Business activity grew strongly in New York State, according to firms respondi...