Tag Archives: Mortgage Bonds

Forecast for the Week: The Jobs Report for September has the potential to move markets upon its release on Friday

      Comments Off on Forecast for the Week: The Jobs Report for September has the potential to move markets upon its release on Friday

Labor reports will be front and center in the second half of the week. • There will be manufacturing news via the ISM Index on Monday, followed by the ISM Services Index on Wednesday. • The ADP National Employment Report will also be delivered on Wednesday. • As usual, weekly… Read more »

Last Week in Review: The Fed hiked its benchmark rate, while data on New Home Sales, GDP and inflation made headlines

      Comments Off on Last Week in Review: The Fed hiked its benchmark rate, while data on New Home Sales, GDP and inflation made headlines

August New Home Sales rose 3.5 percent from July to an annual rate of 629,000, per the Commerce Department. However, July’s sales figure was revised lower to 608,000 from the 627,000 originally reported. Sales rose sharply in the Northeast, increased in the Midwest and West, and fell in the South…. Read more »

Forecast for the Week: News on housing, inflation and GDP highlight a packed economic calendar

      Comments Off on Forecast for the Week: News on housing, inflation and GDP highlight a packed economic calendar

The Fed meeting could take center stage amidst a full week of economic reports. • Consumer Confidence kicks off the week on Tuesday followed by the Consumer Sentiment Index on Friday. • In housing news, the S&P/Case-Shiller Home Price Index will be delivered on Tuesday, New Home Sales Wednesday and… Read more »

Last Week in Review: August brought mixed results on new home construction and sales of existing homes

      Comments Off on Last Week in Review: August brought mixed results on new home construction and sales of existing homes

August Housing Starts rose 9.2 percent from July to a seasonally adjusted annual rate of 1.282 million units, above the 1.229 million expected. Single-family starts, which make up the largest share of the residential housing market, were up 1.9 percent while multi-family starts surged 27.3 percent. Housing Starts were flat… Read more »

Forecast for the Week: Key housing reports may shed light on whether low inventory shows any signs of improvement

      Comments Off on Forecast for the Week: Key housing reports may shed light on whether low inventory shows any signs of improvement

Housing reports will provide important updates on continued low inventory many homebuyers have been facing. • Manufacturing news kicks off the week on Monday with the Empire State Index, followed by the Philadelphia Fed Index on Thursday. • Over in the housing sector, look for the NAHB Housing Market Index… Read more »