The most common interval for scheduled economic data is “monthly.”  That means that things like inflation, sentiment, job counts, unemployment, retail sales, and many

    Historically low interest rates may not have guaranteed historically high levels of housing activity, but exceptionally high rates have definitely muted activity in a

    It’s not entirely clear if it’s a can or the proverbial bucket.  All we know is that mortgage applications have been kicking it.  There’s

    In today’s weekly mortgage application survey from the MBA, the average 30yr fixed mortgage rate only rose from 6.73 to 6.81%.  Meanwhile, daily average

   Residential construction slowed in July. Both the rate of permitting and of housing starts were down from the prior month and starts were the worst

   Two weeks ago, we saw a sudden surge in refinancing activity. The Mortgage Bankers Association (MBA) reported that, during the week ended August 9, its

   Two major home price indices show home price appreciation is still running well above historical norms. However, increases in the S&P CoreLogic Case-Shiller indices and

   Existing Homes (the jargon word for a home that has already been owned and occupied) represent a much larger piece of the home sales pie

   The mortgage market seemed to be in a wait-and-see mode last week as the Federal Reserve signaled a might, maybe, we are thinking about it,