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 hotel occupancy in 2016 is already above t...

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 Debt Grows Modestly Household debt inc...

Preliminary February Consumer Sentiment decreases to 90.7

›
The preliminary University of Michigan consumer sentiment index for February was at 90.7, down from 92.0 in January: "Consumer confi...

Retail Sales increased 0.2% in January

›
On a monthly basis, retail sales were up 0.2% from December to January (seasonally adjusted), and sales were up 3.4% from January 2015. Fr...
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 sales to increase 0.2% in January. • At...

An update on oil prices

›
From the WSJ: U.S. Crude Settles at 13-Year Low on Oversupply Fears Oil prices settled at their lowest levels since 2003 as growing stockp...

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 initial claims was 269,000, a decrease of 16,...
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...