From the MBA: Mortgage Applications Increase in Latest MBA Weekly Survey Mortgage applications increased 20.4 percent from one week earlier,…
Continue ReadingUncategorized
Trade War Panic: Are International Stocks the Safer Bet Now?
With US tariffs on Canada, Mexico, and China having taken effect at midnight on Tuesday, US indexes extended their Monday…
Continue ReadingS&P 500 Selloff: Bearish Rotation & Key Downside Targets!
In this video, Dave analyzes market conditions, bearish divergences, and leadership rotation in recent weeks. He examines the S&P 500…
Continue ReadingUpdate: Lumber Prices Up 7% YoY
This is something to watch again. Here is another monthly update on lumber prices. SPECIAL NOTE: The CME group discontinued…
Continue ReadingHeavy Truck Sales Decreased 9% YoY in February
This graph shows heavy truck sales since 1967 using data from the BEA. The dashed line is the February 2025…
Continue ReadingFannie and Freddie: Single Family Serious Delinquency Rates Increased in January; Fannie Mae Multi-Family Delinquency Rate Highest Since 2011 (ex-Pandemic)
Today, in the Calculated Risk Real Estate Newsletter: Fannie and Freddie: Single Family Serious Delinquency Rates Increased in January Excerpt:…
Continue ReadingLawler: Federal Reserve Earnings Still Running Negative; No Remittances to Treasury for a While
From housing economist Tom Lawler: Federal Reserve Earnings Still Running Negative; No Remittances to Treasury for a While The sharp…
Continue ReadingVehicles Sales Increase to 16.00 million SAAR in February
Wards Auto released their estimate of light vehicle sales for January: Despite Affordability Headwind, U.S. Light-Vehicle Sales Rise 3.4% in…
Continue ReadingTuesday: Tariffs!
From Matthew Graham at Mortgage News Daily: Mortgage Rates Roughly Unchanged Over The Weekend Mortgage rates faced a very small…
Continue ReadingA Comment on GDPNow
On Friday, I noted: Q1 GDP Tracking: Wide Range, GDPNow Goes Negative GDPNow from the Atlanta Fed went strongly negative…
Continue Reading