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  • Tue, Jan 2 2018
  • 8:55 AM » Markets testing the Fed as the dollar slumps, says analyst
    Published Tue, Jan 02 2018 8:55 AM by CNBC
    The dollar lost almost ten percent in value against a basket of peers across 2017.
  • 8:51 AM » Small-business hiring slows, even as the economy accelerates, Paychex survey finds
    Published Tue, Jan 02 2018 8:51 AM by CNBC
    The Small Business Jobs Index closed the year at 99.70 after falling 0.16 percent in December and 0.78 percent for the year.
  • 8:51 AM » CFPB changes tone in third biennial CARD Act report
    Published Tue, Jan 02 2018 8:51 AM by www.consumerfinancemonitor.com
    The CFPB issued its third biennial report on the credit card market last week. The report represents the first major report issued by the CFPB since former Director Cordray’s resignation and President Trump’s designation of Mick Mulvaney as Acting Director. The Credit Card Accountability Responsibility and Disclosure Act of 2009 (CARD Act) requires the CFPB... Continue Reading
    Click Here to Read the Full Article

    Source: www.consumerfinancemonitor.com
  • 8:44 AM » Bond Traders' Worst Cocktail of 2017: Long Treasuries and Dollar
    Published Tue, Jan 02 2018 8:44 AM by Bloomberg
    Bloomberg Bond Traders' Worst Cocktail of 2017: Long Treasuries and Dollar Bloomberg Few bond traders around the world will raise a glass to toast U.S. Treasuries and the dollar this New Year's Eve. Among the countries represented in the Bloomberg Barclays global sovereign-debt index, U.S. obligations had the worst 2017 total return on ... and more »
  • 8:44 AM » CoreLogic Reports Fourth Consecutive Month with More Than 6 Percent Year-Over-Year Home Price Growth in November
    Published Tue, Jan 02 2018 8:44 AM by www.corelogic.com
    Washington, Nevada, Utah and Idaho Posted 12-Month Price Gains of 10 Percent or More in November Lack of Affordable Housing Stock Keeps Home Price Index High in Many Markets Home Prices Projected to Increase by 4.2 Percent by November 2018 CoreLogic ® (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today released its CoreLogic Home Price Index (HPI ™ ) and HPI Forecast ™ for November 2017, which shows home prices are up both year over year and month over month. Home prices nationally increased year over year by 7 percent from November 2016 to November 2017, and on a month-over-month basis home prices increased by 1 percent in November 2017 compared with October 2017 ,* according to the CoreLogic HPI. Looking ahead, the CoreLogic HPI Forecast indicates that home prices will increase by 4.2 percent on a year-over-year basis from November 2017 to November 2018, and on a month-over-month basis home prices are expected to decrease by 0.4 percent from November 2017 to December 2017. The CoreLogic HPI Forecast is a projection of home prices using the CoreLogic HPI and other economic variables. Values are derived from state-level forecasts by weighting indices according to the number of owner-occupied households for each state. “Rising home prices are good news for home sellers, but add to the challenges that home buyers face,” said Dr. Frank Nothaft, chief economist for CoreLogic. “Growing numbers of first-time buyers find limited for-sale inventory for lower-priced homes, leading to both higher rates of price growth for ‘starter’ homes and further erosion of affordability.” According to CoreLogic Market Condition Indicators (MCI) data, an analysis of housing values in the country’s 100 largest metropolitan areas based on housing stock, 37 percent of metropolitan areas have an overvalued housing stock as of November 2017. The...
    Click Here to Read the Full Article

    Source: www.corelogic.com
  • Fri, Dec 29 2017
  • 2:37 PM » Question #8 for 2018: What will happen with house prices in 2018?
    Published Fri, Dec 29 2017 2:37 PM by Calculated Risk Blog
    Earlier I posted some questions for next year: Ten Economic Questions for 2018 . I'll try to add some thoughts, and maybe some predictions for each question. 8) House Prices:  It appears house prices - as measured by the national repeat sales index ( Case-Shiller , CoreLogic ) - will be up over 6% in 2017.   What will happen with house prices in 2018? The following graph shows the year-over-year change through October 2017, in the seasonally adjusted Case-Shiller Composite 10, Composite 20 and National indices (the Composite 20 was started in January 2000). Click on graph for larger image. The Composite 10 SA was up 6.0% compared to October 2016, the Composite 20 SA was up 6.4% and the National index SA was up 6.2% year-over-year.  Other house price indexes have indicated similar gains (see table below). Although I mostly use Case-Shiller, I also follow several other price indexes. The following table shows the year-over-year change for several house prices indexes. Year-over-year Change for Various House Price Indexes Index Through Increase Case-Shiller Comp 20 Oct-17 6.4% Case-Shiller National Oct-17 6.2% CoreLogic Oct-17 7.0% Black Knight Oct-17 6.5% FHFA Purchase Only Oct-17 6.6% Most analysts are forecasting house prices will increase in the 4% to 6% range in 2017. The key will be inventories. If inventories stay at the current level, or fall further, house prices will probably increase in the mid-to-high single digits in 2018. If inventories increase a little (my expectation), then prices will probably increase in the low-to-mid single digit. Perhaps the new tax law will lead to more inventory and less appreciation. Or perhaps higher mortgage rates will slow price appreciation. If inventory increases year-over-year as I expect by December 2018, it seems likely that price appreciation will slow to the low-to-mid single digits. Here are the Ten Economic Questions for 2018 and a few predictions: • Question...
    Click Here to Read the Full Article

    Source: Calculated Risk Blog
  • 12:18 PM » The No. 1 sign that you can afford to buy a home in 2018
    Published Fri, Dec 29 2017 12:18 PM by CNBC
    Could you afford to move this year? There's an easy way to figure it out.
  • 11:25 AM » Realtors® Housing Minute: A Video Recap of Market Activity in November
    Published Fri, Dec 29 2017 11:25 AM by PR Newswire
    WASHINGTON, Dec. 29, 2017 /PRNewswire/ -- Fueled by strong job growth and the strengthening economy, existing-home sales and contract signings both increased in November. Visit https://www.nar.realtor/videos/housing-minute to watch a 50-second, animated video from the National Associ...
  • 10:03 AM » Chicago PMI "Rises" in December "to Six-and-a-Half Year High"
    Published Fri, Dec 29 2017 10:03 AM by Calculated Risk Blog
    From the Chicago PMI: December Chicago Business Barometer Rises to 67.6 The MNI Chicago Business Barometer rose to 67.6 in December , up from 63.9 in November, closing the year at the highest level since March 2011. On a calendar quarter basis, the Barometer rose to 65.9 in Q4 from 61.0 in Q3, the best quarterly performance since Q1 2011, only the second time in the last decade there have been three consecutive above-60 readings in the Oct-Dec period. ... "Sentiment among businesses started 2017 in good shape and only impressed more as the year progressed. December's result secured the MNI Chicago Business Barometer's first full year of expansion since 2014 and with New Orders ending the quarter in fine shape there is every chance this form could be carried over into 2018," said Jamie Satchi, Economist at MNI Indicators. emphasis added This was well above the consensus forecast of 61.8, and a strong reading.
    Click Here to Read the Full Article

    Source: Calculated Risk Blog
  • 9:37 AM » Hawaii, Colorado See Biggest Luxury Price Surges of 2017
    Published Fri, Dec 29 2017 9:37 AM by www.realtor.com
    A surge in wealth in the United States over the past 12 months has stimulated second-home markets in states like Hawaii and Colorado, realtor.com data show. The post Hawaii, Colorado See Biggest Luxury Price Surges of 2017 appeared first on Real Estate News & Insights | realtor.com® .
    Click Here to Read the Full Article

    Source: www.realtor.com
  • 9:01 AM » Former HUD Secretary Henry Cisneros says new tax code threatens the 'fragility' of the US system
    Published Fri, Dec 29 2017 9:01 AM by CNBC
    Former HUD Secretary Henry Cisneros shared his thoughts on the new tax law as it relates to the housing market.
  • 9:01 AM » Last-minute rush to prepay taxes causes confusion and anger
    Published Fri, Dec 29 2017 9:01 AM by CNBC
    The IRS called into question a strategy of prepaying property taxes before the new tax law goes into effect. That could be just the beginning of the confusion. NYT reports.
  • 8:57 AM » Zillow Case-Shiller Forecast: More Solid House Price Gains in November
    Published Fri, Dec 29 2017 8:57 AM by Calculated Risk Blog
    Friday: • At 9:45 AM ET, Chicago Purchasing Managers Index for December. The consensus is for a reading of 61.8, down from 63.9 in November. The Case-Shiller house price indexes for October were released on Tuesday. Zillow forecasts Case-Shiller a month early, and I like to check the Zillow forecasts since they have been pretty close. From Svenja Gudell at Zillow: Case-Shiller October Results and November Forecast: Still Defying Gravity The last few months of 2017 have clearly demonstrated the extent to which the housing market refuses to be knocked off its stride. Sales of existing homes have risen strongly and unexpectedly, despite a severe and worsening shortage of homes actually available to buy. To cope, buyers simply linger longer on the market, even into the slower winter months if needed. The Case-Shiller National Index of home prices for October climbed 6.2 percent year-over-year, while its gain from September was 0.7 percent. The 10-City Composite Index increased 6.0 percent year-over-year and 0.7 percent from September, while the 20-City Composite Index grew 6.4 percent year-over-year and 0.7 percent from September. Seattle, Las Vegas and San Diego continued to post the strongest annual gains among the 20 cities, with increases of 12.7 percent, 10.2 percent and 8.1 percent, respectively. Home builders have managed to start construction on more homes than at any point since prior to the recession, despite high and rising land, labor and materials costs. An economy that keeps adding jobs and wages that continue to grow both have consumers feeling confident. And they're boosted by mortgage interest rates that remain near all-time lows, defying expectations and conventional wisdom alike that both say - and have been saying for years - that rates have to begin rising at some point. The Zillow forecast is for the year-over-year change for the Case-Shiller National index to be smaller in November than in October.  ...
    Click Here to Read the Full Article

    Source: Calculated Risk Blog
  • Thu, Dec 28 2017
  • 4:18 PM » Homes in US Gained $2 Trillion in Value This Year, Zillow Says
    Published Thu, Dec 28 2017 4:18 PM by Bloomberg
    Bloomberg Homes in US Gained $2 Trillion in Value This Year, Zillow Says Bloomberg Your home may not have made the same gains as stocks or bitcoin, but it still was a robust year for the U.S. housing market. The value of the entire U.S. housing stock increased by 6.5 percent -- or $2 trillion -- in 2017, according to a report from ... and more »
  • 4:17 PM » Freddie Mac: Mortgage Serious Delinquency rate up sharply in November
    Published Thu, Dec 28 2017 4:17 PM by Calculated Risk Blog
    Freddie Mac reported that the Single-Family serious delinquency rate in November was at 0.95%, up sharply from 0.86% in October.  Freddie's rate is down from 1.03% in November 2016. Freddie's serious delinquency rate peaked in February 2010 at 4.20%. These are mortgage loans that are "three monthly payments or more past due or in foreclosure".  Click on graph for larger image This increase in the delinquency rate was due to the hurricanes - and we might see a further increase over the next month (These are serious delinquencies, so it takes three months late to be counted). After the hurricane bump, maybe the rate will decline another 0.2 to 0.4 percentage points or so to a cycle bottom, but this is pretty close to normal. Note: Fannie Mae will report for November soon.
    Click Here to Read the Full Article

    Source: Calculated Risk Blog
  • 2:47 PM » I question anyone who says there's no inflation, billionaire restaurateur Tilman Fertitta says
    Published Thu, Dec 28 2017 2:47 PM by CNBC
    Billionaire Tilman Fertitta pointed to inflation trends he's seeing in his sprawling restaurant business Thursday on CNBC's "Power Lunch."
  • 2:33 PM » Yes or No? Simple answers to your tax questions
    Published Thu, Dec 28 2017 2:33 PM by CNN
    The changes to the new tax law are complex, and difficult even for experts to unpack. But some of the plan's provisions are straightforward enough for simple "yes" or "no" answers.
  • 11:29 AM » Reis: Apartment Vacancy Rate increased in Q4 to 4.5%
    Published Thu, Dec 28 2017 11:29 AM by Calculated Risk Blog
    Reis reported that the apartment vacancy rate was at 4.5% in Q4 2017, up from 4.4% in Q3, and up from 4.2% in Q4 2016.  This is the highest vacancy rate since Q4 2012 (although the increase has been small).  The vacancy rate peaked at 8.0% at the end of 2009, and bottomed at 4.1% in 2016. From Reis: The apartment market continued to face pressure from added supply in the fourth quarter as the national vacancy rate increased 10 basis points to 4.5% in the quarter . Asking rents increased 0.4% in the fourth quarter, while effective rents grew 0.3%. Effective rents net out landlord concessions. Over the year, asking rents increased 3.9% while effective rents grew by 3.3%. These growth rates reflect a deceleration in apartment market fundamentals compared to recent years, due in part to the large amount of new supply coming online. New construction totaled 43,769 units in the fourth quarter, raising the year-end total to 213,802 units. The national apartment market has not seen new completions in excess of 200,000 since 1986. At 4.5%, the national vacancy rate increased 10 basis points from 4.4% in the third quarter. This represents a 30 basis point increase in year-over-year vacancy (the year-end vacancy rate in 2016 was 4.2%); vacancies have more or less been on an upward march since the middle of 2016. The net change in occupied stock, or net absorption, was 31,554 units, lower than new supply. With supply growth outstripping demand, vacancies were pushed upwards this quarter. At $1,364, the average asking rent grew 0.4% in the quarter. This is well below the 0.9% average quarterly growth rate for the prior six quarters. Effective rent growth was 0.3% in the quarter, also below the 0.8% average quarterly effective rent growth for the prior six quarters . Overall, these statistics reflect a distinct pullback in the national apartment market, especially when compared to 2015. However, the gap between asking rent growth and effective rent growth remained...
    Click Here to Read the Full Article

    Source: Calculated Risk Blog
  • 11:09 AM » Homeowners Rush to Prepay 2018 Property-Tax Bills
    Published Thu, Dec 28 2017 11:09 AM by www.realtor.com
    Homeowners across the nation are rushing this week to prepay their property taxes for 2018 before the Republican tax law kicks in Jan. 1 and effectively raises the levy on higher-end homes. The post Homeowners Rush to Prepay 2018 Property-Tax Bills appeared first on Real Estate News & Insights | realtor.com® .
    Click Here to Read the Full Article

    Source: www.realtor.com
  • 10:42 AM » CFPB launches new HMDA online tool, continues rate spread calculator
    Published Thu, Dec 28 2017 10:42 AM by www.consumerfinancemonitor.com
    The CFPB has launched a new online “Digital Check Tool” to be used by companies reporting HMDA data starting January 1, 2018. More specifically, the new tool supports the Universal Loan Identifier (ULI) requirements of the revised HMDA rule. The CFPB states on its website that the new tool can be used for two functions. ... Continue Reading
    Click Here to Read the Full Article

    Source: www.consumerfinancemonitor.com
  • 8:47 AM » The US Inflation Mystery Made Economists Look Bad in 2017
    Published Thu, Dec 28 2017 8:47 AM by Bloomberg
    Bloomberg The US Inflation Mystery Made Economists Look Bad in 2017 Bloomberg A year ago, Bloomberg asked economists to predict how 2017 would unfurl. With the year almost over, we compared those forecasts to actual performance and, well, the results weren't pretty. This was the year that the textbook connection between ... and more »
  • 8:45 AM » US apartment vacancy rate rises in fourth quarter
    Published Thu, Dec 28 2017 8:45 AM by CNBC
    The U.S. apartment vacancy rate increased marginally in the fourth quarter from the third as supply exceeded demand, according to a report from Reis.
  • 8:40 AM » US jobless claims steady in latest week
    Published Thu, Dec 28 2017 8:40 AM by CNBC
    The number of Americans filing for unemployment benefits was unchanged last week and the underlying trend remained consistent with a tightening labor market.
  • Wed, Dec 27 2017
  • 5:27 PM » IRS says 2018 property taxes are deductible only if assessed and paid in 2017
    Published Wed, Dec 27 2017 5:27 PM by CNBC
    IRS says 2018 property taxes are deductible only if assessed and paid in 2017|| 104864112
  • 4:57 PM » Surging Demand Sends Investment-Grade Bond Spread to 2007 Levels
    Published Wed, Dec 27 2017 4:57 PM by Bloomberg
    Bloomberg Surging Demand Sends Investment-Grade Bond Spread to 2007 Levels Bloomberg The strengthening economy has stoked demand for high-grade corporate bonds, dropping the spread on investment-grade debt to levels last seen before the financial crisis. Demand for the bonds has been insatiable in 2017, with investors seeking out ... and more »
  • 3:06 PM » When the economic news is this good, history shows the gains are smaller for stocks
    Published Wed, Dec 27 2017 3:06 PM by CNBC
    The economy could be signaling too much of a good thing for stocks.
  • 2:59 PM » San Francisco landlords are turning ‘crappy old storage rooms' into apartments—and it's good news
    Published Wed, Dec 27 2017 2:59 PM by CNBC
    Bay Area buildings added hundreds of accessory dwelling units (ADUs) this year, which could help with the city's housing crisis.
  • 12:31 PM » Tax Law Could Further Slow Down a Bank Favorite: Jumbo Mortgages
    Published Wed, Dec 27 2017 12:31 PM by www.realtor.com
    The jumbo-mortgage market has been a bright spot for the banking industry in recent year, but the new tax law could take some of the shine off it. The post Tax Law Could Further Slow Down a Bank Favorite: Jumbo Mortgages appeared first on Real Estate News & Insights | realtor.com® .
    Click Here to Read the Full Article

    Source: www.realtor.com
  • 12:10 PM » Q4 Review: Ten Economic Questions for 2017
    Published Wed, Dec 27 2017 12:10 PM by Calculated Risk Blog
    At the end of last year, I posted Ten Economic Questions for 2017 . I followed up with a brief post on each question. The goal was to provide an overview of what I expected in 2017 (I don't have a crystal ball, but I think it helps to outline what I think will happen - and understand - and change my mind, when the outlook is wrong). Here is a Q4 review. I've linked to my posts from the beginning of the year, with a brief excerpt and a few comments: 10) Question #10 for 2017: Will housing inventory increase or decrease in 2017? right now my guess is active inventory will increase in 2017 (inventory will decline seasonally in December and January, but I expect to see inventory up again year-over-year in December 2017).   My reasons for expecting more inventory are 1) inventory is historically low (lowest for November since 2000), 2) and the recent increase in interest rates. According to the November NAR report on existing home sales , inventory was down 9.7% year-over-year in November, and the months-of-supply was at 3.4 months. I was definitely wrong.  Inventory will be a key metric to watch in 2018. 9) Question #9 for 2017: What will happen with house prices in 2017? Inventories will probably remain low in 2017, although I expect inventories to increase on a year-over-year basis by December of 2017.  Low inventories, and a decent economy suggests further price increases in 2017. Perhaps higher mortgage rates will slow price appreciation.  If we look back at the "taper tantrum" in 2013, price appreciation slowed somewhat over the next year - but that was from a high level.  In June 2013, the Case-Shiller National index was up 9.3% year-over-year.  By June 2014, the index was up 6.3% year-over-year. If inventory increases year-over-year as I expect by December 2017, it seems likely that price appreciation will slow to the low-to-mid single digits. The Case-Shiller data released yesterday...
    Click Here to Read the Full Article

    Source: Calculated Risk Blog
  • 11:38 AM » CFPB adjusts HMDA data collection, TILA mortgage escrow thresholds
    Published Wed, Dec 27 2017 11:38 AM by www.consumerfinancemonitor.com
    In notices published in today’s Federal Register, the CFPB adjusted the thresholds of the asset-size exemptions for collecting HMDA data and establishing an escrow account for certain mortgage loans under TILA. Pursuant to Regulation C, which implements HMDA, depository institutions with assets below an annually adjusted threshold are exempt from HMDA data collection requirements. In... Continue Reading
    Click Here to Read the Full Article

    Source: www.consumerfinancemonitor.com
  • 10:52 AM » CFPB to amend prepaid rule and extend effective date
    Published Wed, Dec 27 2017 10:52 AM by www.consumerfinancemonitor.com
    The CFPB announced last Thursday that it expects to issue a final rule amending its final prepaid accounts rule “soon after the new year.” In June 2017, the CFPB issued proposed amendments to the rule. In its announcement, the CFPB also stated that, as part of that process, it expects to further extend the rule’s... Continue Reading
    Click Here to Read the Full Article

    Source: www.consumerfinancemonitor.com
  • 10:22 AM » Consumer confidence slips from 17-year highs
    Published Wed, Dec 27 2017 10:22 AM by CNBC
    Consumer optimism slipped in December, after hitting historic highs in the previous month.
  • 9:56 AM » Mortgage Banking Experts Call on North Carolina Delegation to Address Housing Finance Reform
    Published Wed, Dec 27 2017 9:56 AM by PR Newswire
    RALEIGH, N.C., Dec. 27, 2017 /PRNewswire/ -- As tax reform negotiations come to an end and a bill is finalized, Congress must shift toward reforming the nation's unsustainable housing finance system, according to mortgage bankers across North Carolina who say housing finance reform is the...
  • 8:47 AM » Measurement Tool Used In New Tax Bill Will Impact Deductions And Brackets
    Published Wed, Dec 27 2017 8:47 AM by www.npr.org
    The government tracks prices on consumer goods - eggs, shoes, gasoline, etc. But when prices rise, people often make substitutions, like buying chicken if beef gets expensive. So economists have come up with the notion of "chained inflation" to take substitutions into account. That's the measurement the new tax bill uses, and it makes the consumer price index smaller, with an impact on deductions and brackets.
  • 8:43 AM » Oil remains near 2015 highs on tight market outlook
    Published Wed, Dec 27 2017 8:43 AM by Reuters
    SINGAPORE (Reuters) - Oil prices on Wednesday remained near two-and-a-half year highs from the previous session as the market outlook for 2018 is relatively tight, although the gradual resumption of flows through a major North Sea pipeline prevented crude from rising.
  • 8:41 AM » Monetary policy decisions in 2018: Here's what to expect
    Published Wed, Dec 27 2017 8:41 AM by CNBC
    As 2018 approaches, CNBC takes a look at what central bankers in the U.S., euro zone, U.K. and Japan might have on the books for the new year.
  • Tue, Dec 26 2017
  • 2:41 PM » How Tax Law Will Help Some Housing Markets
    Published Tue, Dec 26 2017 2:41 PM by www.realtor.com
    The tax overhaul is expected to create winners and losers among housing markets across the U.S., dealing a blow to high-cost coastal regions but potentially fueling demand in places in the middle of the country. The post How Tax Law Will Help Some Housing Markets appeared first on Real Estate News & Insights | realtor.com® .
    Click Here to Read the Full Article

    Source: www.realtor.com
  • 1:53 PM » Real House Prices and Price-to-Rent Ratio in October
    Published Tue, Dec 26 2017 1:53 PM by Calculated Risk Blog
    Here is the earlier post on Case-Shiller: Case-Shiller: National House Price Index increased 6.2% year-over-year in October It has been more than ten years since the bubble peak. In the Case-Shiller release this morning, the seasonally adjusted National Index (SA), was reported as being 5.7% above the previous bubble peak. However, in real terms, the National index (SA) is still about 12.2% below the bubble peak (and historically there has been an upward slope to real house prices). The year-over-year increase in prices is mostly moving sideways now around 6%. In October, the index was up 6.2% YoY. Usually people graph nominal house prices, but it is also important to look at prices in real terms (inflation adjusted).  Case-Shiller and others report nominal house prices.  As an example, if a house price was $200,000 in January 2000, the price would be close to $280,400 today adjusted for inflation (40%).  That is why the second graph below is important - this shows "real" prices (adjusted for inflation). Nominal House Prices The first graph shows the monthly Case-Shiller National Index SA, and the monthly Case-Shiller Composite 20 SA (through August) in nominal terms as reported. In nominal terms, the Case-Shiller National index (SA) is at a new peak, and the Case-Shiller Composite 20 Index (SA) is back to January 2006 levels. Real House Prices The second graph shows the same two indexes in real terms (adjusted for inflation using CPI less Shelter). Note: some people use other inflation measures to adjust for real prices. In real terms, the National index is back to September 2004 levels, and the Composite 20 index is back to April 2004. In real terms, house prices are back to 2004 levels. Price-to-Rent In October 2004, Fed economist John Krainer and researcher Chishen Wei wrote a Fed letter on price to rent ratios: House Prices and Fundamental Value . Kainer and Wei presented a price-to-rent ratio using the OFHEO house price...
    Click Here to Read the Full Article

    Source: Calculated Risk Blog
  • 1:53 PM » U.S. Economic Confidence Index Up Slightly
    Published Tue, Dec 26 2017 1:53 PM by news.gallup.com
    Americans' confidence in the economy improved slightly before Christmas, raising Gallup's U.S. Economic Confidence Index to +8 for the week ending Dec. 24.
    Click Here to Read the Full Article

    Source: news.gallup.com
  • 12:08 PM » What to expect from the U.S. economy in 2018
    Published Tue, Dec 26 2017 12:08 PM by webfeeds.brookings.edu
    The end of the year is a good time to look back at the economy for 2017 and, more importantly, to look ahead to 2018. In a conversation on NPR, I took a look back at the economy in 2017, what we learned, and what to expect economically in 2018. Here's a summary of the…                
    Click Here to Read the Full Article

    Source: webfeeds.brookings.edu
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Mortgage Rates:
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