Mortgage Demand Increases Amid Modest Rate Drop
The increases in refinancing and purchasing mortgage options is a good sign that the Fed's interest rate hikes are working, but some warn that will not last.
Is US Housing Sector Recovering? A Preview Of Wednesday's 3 Big Reports
Three key U.S. housing reports Wednesday are expected to show small improvements in the market.
Fed Speakers, Housing Data, Manufacturing PMI: Economic Events For Sept. 17-21
The continued weakness of the global economy will probably leave the two regional manufacturing PMI (Empire State and Philly Fed) and the national Markit PMI at low levels in September. Meanwhile, economists expect August?s data on housing starts and existing home sales to show that the housing recovery remains intact.
FOMC Minutes, Housing Data, Euro Zone PMI: Economic Events For Aug. 20-24
The minutes of the July 31-Aug. 1 meeting of the Federal Open Market Committee, to be released on Wednesday, will dominate markets in a week light on data.
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US Mortgage Rates Hit New Low Of 3.62%
U.S. 30-year fixed-rate mortgages fell to a record low of 3.62 percent, its 10th such weekly record low in the last 11 weeks, following weak economic data, mortgage financier Freddie Mac said Thursday.
US Pending Home Sales Rise To Two-Year High In May
U.S. pending home sales rose 5.9 percent in May, matching a two-year high, the National Association of Realtors said Wednesday.
Rising US Home Prices, Sales Don't Signal Healthy Market: Developer
Although U.S. home prices inched up in April and new home sales rose to a two-year high in May, the national housing market remains uneven and weak, said a New York-based developer.
Crude Oil Futures Slightly Recover After Sell-Off; Still Stays Below $80
Crude oil prices slightly advanced in Asian trading Friday, after plunging to their lowest level in eight months in the previous session.
Asian Stocks Fall On Weak US Data, Global Economic Concerns
Most Asian markets fell Friday due to investor concerns following indications of a faltering U.S. economy and the downgrading of global banks by Moody's Investor Service.
US Existing Home Sales Fall 1.5% In May
U.S. sales of existing homes fell 1.5 percent to an annual rate of 4.55 million units due to low inventory, the National Association of Realtors said Thursday, missing expectations and raising doubts about a housing recovery.
US Stock Futures Point To Lower Open Ahead Of Reports On Initial Jobless Claims, Home Sales
U.S. stock index futures point to a lower opening Thursday after the Department of Labor's initial jobless claims report, which showed that more people than expected filed for unemployment benefits, and the National Association of Realtors' report on existing home sales.
Is US Housing Getting Better? Homebuilders Think So
U.S. homebuilder stocks rose Monday after a report indicated that more builders viewed the housing market favorably in June, with confidence hitting the highest level since May 2007.
FOMC Policy Decision and Housing Data Dump: Economic Events For June 18-22
This week's data releases highlight Wednesday's Federal Open Market Committee (FOMC) statement, which will likely present a dovish tone. However, those who are expecting for the announcement of renewed asset purchases will likely be disappointed.
U.S. Existing Home Sales Rose 3.4% In April
U.S. sales of previously owned homes rose 3.4 percent in April, reversing three months of declines and suggesting a stabilization of the housing market, the National Association of Realtors said Tuesday.
US Existing Home Sales Rose 3% In April
U.S. home resales rose in April to their highest annual rate in nearly two years and a falloff in foreclosures pushed prices higher, hopeful signs for the country's economic recovery.
US Stock Futures Edge Lower Ahead Of Home Sales Data
Futures on major U.S. stock indices point to a slightly lower opening Tuesday ahead of existing home sales data that are expected to show a rise in April sales.
Stocks Slip On Downgrade Rumors, Economic Data: Daily Markets Wrap
Stocks closed firmly lower Thursday following a choppy start, as rumors of a possible French sovereign debt downgrade and a batch of mixed U.S. data overshadowed improving corporate earnings.
U.S. Existing Home Sales Drop 2.6% In March
U.S. existing home sales fell 2.6 percent in March to an annual rate of 4.48 million, the National Association of Realtors said Thursday, missing expectations and highlighting continued weakness in the housing market.
Retail Sales, Housing Starts: Next Week’s Economic Events
Reports on retail sales and housing starts in March highlight the economic calendar next week, April 16-20. Economists will be watching for any lingering signs of a positive boost from the recent warm weather, as well as indications of whether the strength in consumer demand continues.
The Month In US Housing: A Disappointing March, But Spring Offers Redemption
Most of March's housing numbers were disappointing, with sales unexpectedly falling across all categories and prices hitting new lows, reversing February's optimism. But the winter market is usually the year's quietest, and spring could see a redemption for the housing market.
US Pending Home Sales Fall 0.5% In Feb, Missing Forecasts
U.S. pending home sales fell 0.5 percent in February compared to January, the National Association of Realtors said Monday, missing expectations and heightening concerns the real estate market's recovery may not be as robust as thought by economists.
U.S. Existing Home Sales Fall To 4.59M In February, Miss Forecasts
U.S. existing home sales fell to 4.59 million in February, 0.9 percent below upwardly revised sales figures in January, the National Association of Realtors (NAR) said Wednesday.
The Month in Housing: Is February's Recovery Real?
There were signs of improvement in U.S. housing data released in February, but warmer weather could have been as much of a factor as strengthening market fundamentals, according to industry experts.
U.S. Mortgage Rates Fall to 3.90 Percent
U.S. 30-year fixed rate mortgage rates fell to 3.90 percent in the week ending March 1, down from 3.95 percent in the prior week, according to Freddie Mac.
Weekly U.S. Economic Snapshot: How Are we Doing?
Housing, the weakest of the three legs of the stool supporting the U.S. economy, is finally firming up, or so it seems to investors, economists, real estate agents and buildings after a string of heartening reports so far this year.
U.S. Mortgage Rates Rise to 3.95%
U.S. 30-year fixed-rate mortgage rates rose to 3.95 percent in the week ending Feb. 23 from a record low of 3.87 in the previous week, Freddie Mac said.
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