Register or Sign in        Email This Page     Link To This Page    
Visit MND at MBA in NYC!
33,878
# of User Comments
Select a Date
Use the calendar to view news headlines from a specific date.
Today  |  Yesterday  |  Random
Bottom Right Default
State Name: New Jersey
State Name underscore: New_Jersey
State Name dash: New-Jersey
State Name lower underscore: new_jersey
State Name lower dash: new-jersey
State Name lower: new jersey
State Abbreviation: NJ
State Abbreviation Lower: nj
Suggest a Story
Paste the URL of the story below to submit for editorial review and possible inclusion in ATW.
Please add 4 and 5 and type the answer here:
Leave this field blank.
What is Around the Web?
It is a continuously updated stream of news from around the web
Visit throughout the day for the latest breaking news.
» Click any link below to read more.
  • Fri, Jul 6 2018
  • 8:05 AM » As tariffs strike, China blames U.S. for 'largest-scale trade war'
    Published Fri, Jul 06 2018 8:05 AM by Reuters
    The United States and China slapped tit-for-tat duties on $34 billion worth of the other's imports on Friday, with Beijing accusing Washington of triggering the "largest-scale trade war" ever in a sharp escalation of their months-long conflict.
  • Thu, Jul 5 2018
  • 4:57 PM » CFPB Addresses Partial HMDA Exemption for Certain Depository Lenders
    Published Thu, Jul 05 2018 4:57 PM by www.consumerfinancemonitor.com
    The Consumer Financial Protection Bureau (CFPB) recently issued a statement regarding the partial exemption from Home Mortgage Disclosure Act (HMDA) reporting requirements for certain lower mortgage volume depository institution lenders that was adopted in the Economic Growth, Regulatory Relief, and Consumer Protection Act (Act). As we reported previously, the Act exempts depository institutions and credit... Continue Reading
    Click Here to Read the Full Article

    Source: www.consumerfinancemonitor.com
  • 3:02 PM » Fed balance sheet runoff hits another snag
    Published Thu, Jul 05 2018 3:02 PM by CNBC
    The Federal Reserve's efforts to unwind its mammoth portfolio of bonds continues to run into hitches.
  • 2:11 PM » Fed on lookout for recession but still sees strong economy: minutes
    Published Thu, Jul 05 2018 2:11 PM by Reuters
    WASHINGTON, July 5 (Reuters) - - U.S. central bankers discussed whether recession lurked around the corner and expressed concerns global trade tensions could hit an economy that by most measures looked strong, minutes of the Federal Reserve's last policy meeting on June 12-13 released on Thursday showed.
  • 1:10 PM » China says U.S. 'opening fire' on world with tariffs, vows to respond
    Published Thu, Jul 05 2018 1:10 PM by Reuters
    BEIJING/WASHINGTON (Reuters) - China accused the United States on Thursday of "opening fire" on the world with tariffs set to take effect on Friday, warning that it will respond the moment that duties on $34 billion in Chinese goods kick in.
  • 1:10 PM » Three-story Single-family Homes
    Published Thu, Jul 05 2018 1:10 PM by eyeonhousing.org
    Of the 729,000 single-family detached homes started in 2017, a little over 18,000 (2.5 percent) had three or more stories, according to NAHB tabulation of recently released Census data. The data come from the Survey of Construction (SOC, conducted by the U.S. Census Bureau with partial funding from HUD). Although the SOC has always collected data on 3-story single-family homes, the Census Bureau began publishing information on them only recently. Traditionally, the... Read More ›
    Click Here to Read the Full Article

    Source: eyeonhousing.org
  • 1:09 PM » June Employment Preview
    Published Thu, Jul 05 2018 1:09 PM by Calculated Risk Blog
    On Friday at 8:30 AM ET, the BLS will release the employment report for June. The consensus is for an increase of 190,000 non-farm payroll jobs in May (with a range of estimates between 144,000 to 212,000), and for the unemployment rate to be unchanged at 3.9%. The BLS reported 223,000 jobs added in May. Here is a summary of recent data: • The ADP employment report showed an increase of 177,000 private sector payroll jobs in June. This was below consensus expectations of 188,000 private sector payroll jobs added. The ADP report hasn't been very useful in predicting the BLS report for any one month, but in general, this suggests employment growth somewhat below expectations . • The ISM manufacturing employment index decreased in June to 56.0%. A historical correlation between the ISM manufacturing employment index and the BLS employment report for manufacturing, suggests that private sector BLS manufacturing payroll increased about 13,000 in June. The ADP report indicated manufacturing jobs increased 12,000 in June. The ISM non-manufacturing employment index decreased in June to 53.6%. A historical correlation  between the ISM non-manufacturing employment index and the BLS employment report for non-manufacturing, suggests that private sector BLS non-manufacturing payroll jobs increased about 170,000 in June. Combined, the ISM indexes suggests employment gains of about 183,000.   This suggests employment growth slightly below expectations . • Initial weekly unemployment claims averaged 224,500 in June, slightly higher than in May. For the BLS reference week (includes the 12th of the month), initial claims were at 218,000, down from 223,000 during the reference week in May. The slight decrease during the reference week  suggests a slightly stronger employment report in June than in May . • The final June University of Michigan consumer sentiment index increased to 98.2 from the May reading of 98.0. Sentiment is frequently coincident...
    Click Here to Read the Full Article

    Source: Calculated Risk Blog
  • 11:25 AM » The U.S. labor shortage is reaching a critical point
    Published Thu, Jul 05 2018 11:25 AM by CNBC
    America's labor shortage is approaching epidemic proportions, and it could be employers who end up paying.
  • 11:07 AM » Reis: Office Vacancy Rate increased in Q2 to 16.6%
    Published Thu, Jul 05 2018 11:07 AM by Calculated Risk Blog
    Reis released their Q2 2018 Office Vacancy survey this morning. Reis reported that the office vacancy rate increased to 16.6% in Q2, from 16.5% in Q1 2018. This is up from 16.4% in Q2 2017, and down from the cycle peak of 17.6%. From Reis Economist Barbara Denham: Showing mixed signs of the current state of the office market, the office vacancy rate increased for the second straight quarter to 16.6%. Heading into the ninth year of the recovery, the office market has never seen the robust leasing activity of previous expansions, maintaining a steady but low level of absorption despite healthy office job growth. Net absorption, or occupancy growth, trailed previous quarters at 2.817 million square feet, down from an average of 5.78 million square feet absorbed per quarter in 2017. New completions fell to 8.07 million square feet, down from an average of 10.9 million square feet added per quarter in 2017. Rent growth, in contrast, was healthier in the last two quarters than in the previous seven as a number of metros had rent growth of 1% or more in the quarter and 4% for the year. The national average asking rent increased 0.7% in the second quarter as did the effective rent which nets out landlord concessions. At $33.07 per square foot (asking) and $26.83 per square foot (effective), the average rents have increased 2.5% and 2.6%, respectively, since the second quarter of 2017. ... In short, the office market statistics reflect the net growth between the haves and the have-nots: larger markets in the West, South Atlantic, Texas, Boston and New York with healthy occupancy and rent growth offset by tepid growth or declines in smaller, suburban markets mostly in less densely populated areas. Much of the growth can be attributed to gains in technology: 9.6% of the added office jobs this year were in the Computer Systems Design industry that should continue to fuel office gains in most of these cities. The next big question is: What city will Amazon select for its...
    Click Here to Read the Full Article

    Source: Calculated Risk Blog
  • 10:13 AM » ISM Non-Manufacturing Index increased to 59.1% in June
    Published Thu, Jul 05 2018 10:13 AM by Calculated Risk Blog
    The June ISM Non-manufacturing index was at 59.1%, up from 58.6% in May. The employment index decreased in June to 53.6%, from 54.1%. Note: Above 50 indicates expansion, below 50 contraction. From the Institute for Supply Management: June 2018 Non-Manufacturing ISM Report On Business® Economic activity in the non-manufacturing sector grew in June for the 101st consecutive month, say the nation's purchasing and supply executives in the latest Non-Manufacturing ISM® Report On Business®. The report was issued today by Anthony Nieves, CPSM, C.P.M., A.P.P., CFPM, Chair of the Institute for Supply Management® (ISM®) Non-Manufacturing Business Survey Committee: " The NMI® registered 59.1 percent , which is 0.5 percentage point higher than the May reading of 58.6 percent. This represents continued growth in the non-manufacturing sector at a slightly faster rate. The Non-Manufacturing Business Activity Index increased to 63.9 percent, 2.6 percentage points higher than the May reading of 61.3 percent, reflecting growth for the 107th consecutive month, at a faster rate in June. The New Orders Index registered 63.2 percent, 2.7 percentage points higher than the reading of 60.5 percent in May. The Employment Index decreased 0.5 percentage point in June to 53.6 percent from the May reading of 54.1 percent. The Prices Index decreased by 3.6 percentage points from the May reading of 64.3 percent to 60.7 percent, indicating that prices increased in June for the 28th consecutive month. According to the NMI®, 17 non-manufacturing industries reported growth. Respondents continue to be optimistic about business conditions and the overall economy. There is a continuing concern relating to tariffs , capacity constraints and delivery." emphasis added Click on graph for larger image. This graph shows the ISM non-manufacturing index (started in January 2008) and the ISM non-manufacturing employment diffusion index. This suggests faster expansion...
    Click Here to Read the Full Article

    Source: Calculated Risk Blog
  • 10:05 AM » Mortgage Rates Continue Recent Decline
    Published Thu, Jul 05 2018 10:05 AM by freddiemac.mwnewsroom.com
    Mortgage Rates Continue Recent Decline
    Click Here to Read the Full Article

    Source: freddiemac.mwnewsroom.com
  • 9:51 AM » Homeownership: A Considerable Achievement Currently Facing Hurdles
    Published Thu, Jul 05 2018 9:51 AM by Freddie Mac
    By Sam Khater, Vice President and Chief Economist, Economic &Housing Research We can all remember the great sense of accomplishment felt after achieving a personal goal. For many people, that rush of joy and emotion was felt when they bought a home for the first time. Read More
  • 8:24 AM » Tariff Countdown, Fed Minutes, Carney Hits Upbeat Note: Eco Day
    Published Thu, Jul 05 2018 8:24 AM by Bloomberg
    Bloomberg Tariff Countdown, Fed Minutes, Carney Hits Upbeat Note: Eco Day Bloomberg Good morning Americas. Here's news and analysis from Bloomberg Economics to help get your Thursday started: Tomorrow may see the world's two largest economies slide deeper into a trade conflict. If the U.S. begins imposing additional steep tariffs on ... and more »
  • 8:23 AM » Pricey Vancouver Housing Market Weakens With Buyers on Sidelines
    Published Thu, Jul 05 2018 8:23 AM by Bloomberg
    Bloomberg Pricey Vancouver Housing Market Weakens With Buyers on Sidelines Bloomberg Vancouver's housing market showed continued signs of weakness in June, as affordability worries curb demand from buyers. Sales were down 14 percent compared with May, the first monthly decline since January when tougher federal mortgage rules took ... and more »
  • 8:22 AM » As Japan Dumps Treasuries, It's Piling Into Riskier US Assets
    Published Thu, Jul 05 2018 8:22 AM by Bloomberg
    Bloomberg As Japan Dumps Treasuries, It's Piling Into Riskier US Assets Bloomberg It's easy to see why Japan has soured on Uncle Sam. After all, returns on Treasuries have been lousy for years. And the sky-high costs to hedge the dollar's ups and downs mean Japanese investors can often do better at home -- despite the minuscule ... and more »
  • 8:22 AM » Rife With Anxiety, Markets Are Churning at the Fastest Rate Since 2008
    Published Thu, Jul 05 2018 8:22 AM by Bloomberg
    Bloomberg Rife With Anxiety, Markets Are Churning at the Fastest Rate Since 2008 Bloomberg Once the hallmark of this bull run, complacency has made way for angst. From junk bonds to emerging-market stocks, market turnover is through the roof, reaching multi-year highs. Within the S&P 500 Index, investors traded more than $2.9 trillion worth ...
  • 8:21 AM » The Hottest Markets in June 2018: What Happens When They Get Too Hot?
    Published Thu, Jul 05 2018 8:21 AM by www.realtor.com
    As home prices continue to rise, buyers across the country, and especially in the most expensive markets, are having second thoughts. The post The Hottest Markets in June 2018: What Happens When They Get Too Hot? appeared first on Real Estate News & Insights | realtor.com® .
    Click Here to Read the Full Article

    Source: www.realtor.com
  • 8:19 AM » Traders Grapple With One Big Question: Are Tariffs Priced In?
    Published Thu, Jul 05 2018 8:19 AM by Bloomberg
    Bloomberg Traders Grapple With One Big Question: Are Tariffs Priced In? Bloomberg After months of simmering tension between the world's two largest economies, the U.S. looks poised to impose tariffs on $34 billion worth of Chinese goods on Friday. The key question for financial markets: will it trigger fresh volatility, or is an ... and more »
  • 8:18 AM » Private payrolls badly miss expectations, increasing by 177K in June vs. 190K estimate
    Published Thu, Jul 05 2018 8:18 AM by CNBC
    Private payrolls grew at a disappointing rate last month as the U.S. labor market grows tighter, ADP and Moody's Analytics said Thursday.
  • 8:18 AM » Investors are so nervous about a potential recession that they're preparing for one
    Published Thu, Jul 05 2018 8:18 AM by CNBC
    Some money managers are increasingly nervous about an upcoming recession amid higher interest rates and tighter credit availability.
  • Tue, Jul 3 2018
  • 1:52 PM » Consumers hit with highest 4th of July gas prices in four years
    Published Tue, Jul 03 2018 1:52 PM by CNBC
    Tuesday's $2.86 per gallon for unleaded nationally was a penny higher than Monday's price and two cents higher than a week ago.
  • 11:54 AM » More State Economies Grew In 2017, Led By the West and the South
    Published Tue, Jul 03 2018 11:54 AM by eyeonhousing.org
    Real gross domestic product (GDP) increased in 47 states and the District of Columbia and declined in three states in 2017 compared to 2016, according to the U.S. Bureau of Economic Analysis. In 2016, 40 states and the District of Columbia recorded growth in GDP while ten states experienced a decline in GDP. As a result, nationwide growth in GDP, measured... Read More ›
    Click Here to Read the Full Article

    Source: eyeonhousing.org
  • 11:00 AM » Morgan Stanley hikes oil price forecast to $85 as Trump targets Iranian barrels
    Published Tue, Jul 03 2018 11:00 AM by CNBC
    Oil prices will rise more than previously expected, as the Trump administration aims to wipe out Iranian crude exports by November, Morgan Stanley forecasts.
  • 10:04 AM » Factory orders up 0.4% in May, vs 0.1% decline expected
    Published Tue, Jul 03 2018 10:04 AM by CNBC
    Factory orders were expected to decline in May.
  • 9:52 AM » Reis: Mall Vacancy Rate increased in Q2 2018, "Worst quarter in nine years"
    Published Tue, Jul 03 2018 9:52 AM by Calculated Risk Blog
    "The retail sector suffered its worst quarter in nine years with net absorption of negative 3.8 million square feet." Reis reported that the vacancy rate for regional malls was 8.6% in Q2 2018, up from 8.4% in Q1 2018, and up from 8.1% in Q2 2017. This is down from a cycle peak of 9.4% in Q3 2011, and up from the cycle low of 7.8% in Q1 2016. For Neighborhood and Community malls (strip malls), the vacancy rate was 10.2% in Q2, up from 10.0% in Q1, and up from 10.0% in Q2 2017. For strip malls, the vacancy rate peaked at 11.1% in Q3 2011, and the low was 9.8% in Q2 2016. Comments from Reis: With 3.8 million square feet of negative net absorption brought on by the Toys "R" Us store closings, the U.S. Retail Vacancy Rate climbed 0.2% to 10.2% in the second quarter . Rent growth was positive at 0.2%. The Regional Mall vacancy rate also increased 0.2% to 8.6% in the quarter , the average Mall rent increased 0.3%. The Mall vacancy rate has climbed 0.8% from a low of 7.8% at the end of 2016. After withstanding the hundreds if not thousands of store closings over the last 18 months, the neighborhood and community shopping center industry suffered its worst quarter in nine years with negative net absorption of 3.8 million square feet. This pushed the overall vacancy rate to 10.2% from 10.0 percent where it had held steady for the four previous quarters. The national average asking rent increased 0.2% in the second quarter as did the effective rent which nets out landlord concessions. At $21.01 per square foot (market) and $18.39 per square foot (effective), the average rents have increased 1.7% and 1.8%, respectively, since the second quarter of 2017. Conclusion The Toys "R" Us store closings impacted the second quarter statistics more than any other retailer has in any quarter over the last nine years. In the Reis property inventory, we tracked more than 80 total Toys "R" Us store closings in 40+ different metros in the quarter...
    Click Here to Read the Full Article

    Source: Calculated Risk Blog
  • 9:35 AM » Ford's U.S. auto sales rise about 1.2 percent in June
    Published Tue, Jul 03 2018 9:35 AM by Reuters
    (Reuters) - Ford Motor Co on Tuesday reported an about 1.2 percent rise in U.S. auto sales in June, helped by a new record for sport utility vehicles for the month.
  • 9:20 AM » Exclusive: China presses Europe for anti-U.S. alliance on trade
    Published Tue, Jul 03 2018 9:20 AM by Reuters
    BRUSSELS/BERLIN (Reuters) - China is putting pressure on the European Union to issue a strong joint statement against President Donald Trump's trade policies at a summit later this month but is facing resistance, European officials said.
  • 8:35 AM » Euro zone consumer sales flat in May, industry prices rise
    Published Tue, Jul 03 2018 8:35 AM by Reuters
    Euro zone consumer sales flat in May, industry prices rise
  • 8:06 AM » Italian Bonds Attract Buyer in Shape of $1.6 Billion Hedge Fund
    Published Tue, Jul 03 2018 8:06 AM by Bloomberg
    Bloomberg Italian Bonds Attract Buyer in Shape of $1.6 Billion Hedge Fund Bloomberg Italy's sovereign bonds, the worst performers in the euro region this year, have found one ally as investors come to terms with the country's first populist government. A hedge fund which oversees about 1.4 billion euros ($1.6 billion) is betting that ...
  • 8:06 AM » Fed Minutes May Offer Clues on Rate-Hike Limits Testing Powell
    Published Tue, Jul 03 2018 8:06 AM by Bloomberg
    Bloomberg Fed Minutes May Offer Clues on Rate-Hike Limits Testing Powell Bloomberg A discussion about how high U.S. interest rates should go in this tightening cycle could feature prominently in the release of minutes later this week of the Federal Reserve's June 12-13 policy meeting. The record may also show officials debated the ... and more »
  • 8:02 AM » Manhattan real estate has worst second quarter since financial crisis
    Published Tue, Jul 03 2018 8:02 AM by CNBC
    A huge pipeline of new condos, a dwindling number foreigner buyers, volatile stock markets and tax changes that make New York less attractive may be hurting Manhattan real estate sales.
  • Mon, Jul 2 2018
  • 5:19 PM » Germany's Merkel Faces Leadership Challenge, Sparked By Migrant Issue
    Published Mon, Jul 02 2018 5:19 PM by www.npr.org
    Conservatives in German Chancellor Angela Merkel's coalition are threatening government stability. NPR's Mary Louise Kelly talks to the Brookings Institution's Constanze Stelzenmüller about the threat.
  • 5:18 PM » One homebuilder is having its worst monthly losing streak, but top technical analyst says buy the dip
    Published Mon, Jul 02 2018 5:18 PM by CNBC
    Homebuilders are on shaky ground this year, but according to one top technician Toll Brothers could be gearing up for a rebound.
  • 1:21 PM » Why the Middle Class Can't Afford Life in America Anymore
    Published Mon, Jul 02 2018 1:21 PM by www.realtor.com
    America's middle class is being wiped out by high cost of living, and some jobs can no longer guarantee a stable enough income to clothe and feed a family. The post Why the Middle Class Can’t Afford Life in America Anymore appeared first on Real Estate News & Insights | realtor.com® .
    Click Here to Read the Full Article

    Source: www.realtor.com
  • 10:38 AM » US Banks Weak Again After Worst Reversal in Nearly Three Years
    Published Mon, Jul 02 2018 10:38 AM by Bloomberg
    Bloomberg US Banks Weak Again After Worst Reversal in Nearly Three Years Bloomberg U.S. financials are still nursing their June hangover. The Financial Select Sector SPDR exchange-traded fund fell as much as 0.9 percent in early trading Monday, with JPMorgan, Bank of America, Citigroup, and Goldman Sachs all lower. The drop follows ... and more »
  • 10:07 AM » ISM manufacturing index hits 60.2 in June; construction spending up 0.4% in May
    Published Mon, Jul 02 2018 10:07 AM by CNBC
    The Institute for Supply Management's index was expected to fall in June.
  • 9:39 AM » Wall Street set to open lower as tariff worries continue to weigh
    Published Mon, Jul 02 2018 9:39 AM by Reuters
    (Reuters) - Wall Street was set to start the first trading day of the second half of this year with declines, as heightening risk of a tariff war between Washington and its trading partners continued to weigh on sentiments.
  • 8:55 AM » Investors beware: Alternative minimum tax can still hit some taxpayers despite reform
    Published Mon, Jul 02 2018 8:55 AM by CNBC
    Despite tax reform, the alternative minimum tax is still not completely dead, and certain investments can trigger it.
  • 8:17 AM » Rents Are Too Damn High: Where Bargains Lurk Within America's Biggest Cities
    Published Mon, Jul 02 2018 8:17 AM by www.realtor.com
    Love city life, but hate pinching pennies? The data team at realtor.com found the neighborhoods in America's biggest metros that boast the lowest rents. The post Rents Are Too Damn High: Where Bargains Lurk Within America’s Biggest Cities appeared first on Real Estate News & Insights | realtor.com® .
    Click Here to Read the Full Article

    Source: www.realtor.com
  • 8:04 AM » Investors, analysts checked the yield curve ... and worry about a slump
    Published Mon, Jul 02 2018 8:04 AM by CNBC
    An inversion of the yield curve - when long-term rates fall below short-term - traditionally indicates a looming recession. The newly appointed Fed Chairman is already facing criticism for increasing that risk.
« First ... < Previous 2 3 4 5 6 Next > ... Last »
Did you know?
You can see a list of all comments on MND by clicking the 'Read the Latest Comments' option under the 'Community' menu.
 

More From MND

Mortgage Rates:
  • 30 Yr FRM 4.64%
  • |
  • 15 Yr FRM 4.14%
  • |
  • Jumbo 30 Year Fixed 4.53%
MBS Prices:
  • 30YR FNMA 4.5 103-31 (-0-01)
  • |
  • 30YR FNMA 5.0 105-23 (0-01)
  • |
  • 30YR FNMA 5.5 106-31 (0-01)
Recent Housing Data:
  • Mortgage Apps -2.60%
  • |
  • Refinance Index -3.69%
  • |
  • Purchase Index -1.98%