Thu, Jul 24 2008, 7:00 AM
"The U.S. housing market continues to be very weak, and with the
inventory of unsold homes continuing to rise we are
unlikely to see any meaningfu...
Mon, Jul 21 2008, 7:00 AM
According to economists and strategists, the U.S. housing
market is going to be the top news in the U.S. Along with new
and existing home sales, t...
Wed, Jul 16 2008, 7:00 AM
According to Freddie Mac's Primary Mortgage Market Survey for the week
ending July 10, there was little change in either short or long term
mortgag...
Tue, Jul 8 2008, 7:00 AM
U.S. pending home sales resumed their decline in May,
falling 4.7% in the month after an upwardly revised 7.1% bounce in April,
according to the N...
Tue, Jul 8 2008, 7:00 AM
The 4.7% decline in U.S. pending home sales in May shows that the
previous month's gain was not a true sign of
stabilization , economists said afte...
Tue, Jul 8 2008, 7:00 AM
U.S. Treasury Secretary Henry Paulson said he is
pleased Freddie Mac and Fannie Mae are committed to raising more
capital this spring, calling r...
Mon, Jul 7 2008, 7:00 AM
This week will begin with a number of Federal Reserve
speakers and see the release of housing data in both Canada and
the U.S. on Wednesday. The...
Mon, Jul 7 2008, 7:00 AM
High-profile speakers will take centre stage on Tuesday. Federal
Reserve Chairman Ben Bernanke is set to speak in
Arlington, Virginia at the Feder...
Thu, Jun 26 2008, 7:00 AM
U.S. existing home sales rose to 4.99 million units
in May, or 2.0%, following April's unrevised sales figure of 4.89
million. This is the third m...
Thu, Jun 26 2008, 7:00 AM
A final look at U.S. first quarter GDP and initial jobless claims will
be the key releases of the morning followed by the releasing of U.S.
existing...
Thu, Jun 26 2008, 7:00 AM
Condominium sales were the main driver of the 2.0%
rise in existing home sales in May, which came in higher than the 1.2%
gain expected by economis...
Wed, Jun 25 2008, 7:00 AM
U.S. durable goods orders, new home sales , and the
Department of Energy's weekly oil inventories are the highlights of the
early morning's events,...
Wed, Jun 25 2008, 7:00 AM
After five months of declines in the pace of new home
sales , April's uptick appears to have been temporary as new home
sales in the U.S. continued...
Wed, Jun 18 2008, 7:00 AM
**BLANK**
Mon, Jun 9 2008, 9:51 AM
Remember that mortgage rates are dictated directly by the trading of Mortgage Backed Securities, which are essentially bonds. So when there is a grea...
Mon, Jun 9 2008, 7:00 AM
Federal regulators are warning the world to get ready
for the next wave of problems in the banking world.
Up to now banks have been struggling t...
Mon, Jun 9 2008, 7:00 AM
After declining in five of the past six months, U.S. pending home
sales unexpectedly jumped 6.3% in April to reach a level of 88.2, the
highest leve...
Mon, Jun 9 2008, 7:00 AM
Both the Canadian and U.S. housing sectors will kick off the week,
with Canadian markets receiving May housing starts, with the U.S.
expecting data ...
Wed, Jun 4 2008, 7:00 AM
Long term mortgage interest rates took a slight bump
upward during the week ended May 29 while the rates for the two short-
term products were virt...
Tue, May 27 2008, 7:00 AM
Some Fed speakers, the U.S. S&P Case-Shiller house price index, new
home sales and consumer confidence will complement the release of
Canadian emplo...
Tue, May 27 2008, 7:00 AM
New home sales in April rose for the first time in
five months, increasing 3.3% to 526k following a downward revision of the
March reading to 509k....
Fri, May 23 2008, 7:00 AM
U.S. existing home sales, comments from Canadian Finance Minister Jim
Flaherty, and the release of the National Bank of Belgium's business
confidenc...
Fri, May 23 2008, 7:00 AM
CEP News) - U.S. existing home sales decreased to
4.89 million units in April following March's revised sales figure of
4.94 million. This is the ...
Thu, May 22 2008, 7:00 AM
Existing home sales for April , which will be released
Friday by the National Association of Realtors (NAR), are expected to
decline further to a pa...
Mon, May 19 2008, 7:00 AM
Economists are expecting a quiet week despite a handful of
market-moving reports . Markets will receive FOMC minutes
from the April monetary policy...
Mon, May 19 2008, 7:00 AM
We can all breathe a sign of relief.
The housing crisis is over .
At least that was the headline on the editorial page of the Wall
Street Jour...
Fri, May 16 2008, 7:00 AM
The rate of housing starts during April was 8.2
percent higher than in March. April�s rate was 1,032,000 and the revised
March estimate was 954,00...
Wed, May 7 2008, 7:00 AM
Economists say the March report for pending home
sales confirms what has been known for many months now: the U.S.
housing market is still several ...
Thu, Apr 24 2008, 8:14 AM
Thu, Apr 24 2008, 8:02 AM
Thu, Apr 24 2008, 7:00 AM
New home sales in the U.S. were down for the fifth
consecutive month in March, falling by 8.5% to 526k, much lower than the
580k level expected by ...
Wed, Apr 23 2008, 7:00 AM
As the overhang of new homes sits at a 27-year high of 9.8 months,
new home sales are expected to fall for a fifth
consecutive month in the March ...
Tue, Apr 22 2008, 7:00 AM
The new monthly OFHEO purchase-only home price index
is expected to fall 1.5% in February, following a 1.1% decline in the
January report.
The ...
Tue, Apr 22 2008, 7:00 AM
Existing home sales fell more than expected in March,
falling 2.0% to a seasonally adjusted annual pace of 4.93 million units,
largely retracing th...
Mon, Apr 21 2008, 7:00 AM
Economists will be paying attention to this month's U.S.
housing data in hopes of finding a bottom in the market.
Before that, however, the focus ...
Mon, Apr 21 2008, 7:00 AM
The existing home sales index for March is expected
to fall 1.6% to a pace of 4.93 million units, following a surprising 2.9%
gain to a pace of 5....
Thu, Apr 17 2008, 7:00 AM
Hundreds of thousands of American homeowners may be in desperate
straits, facing crippling rate resets or worse, foreclosure, but others
continued t...
Wed, Apr 16 2008, 7:00 AM
Mortgages rates , which were drifting during the week
ended April 3 were virtually frozen during the week ending April 10
according to Freddie Mac's...
Tue, Apr 8 2008, 7:00 AM
U.S. pending home sales surprised to the downside on
Tuesday morning, declining 1.9% month-over-month despite calls for a 1.0%
pullback in Februar...
Mon, Apr 7 2008, 7:00 AM
The focus this week will be on Tuesday when minutes from the
March 18 FOMC meeting , when the Fed cut interest rates
by 75 bps, are released.
M...
Mon, Apr 7 2008, 7:00 AM
Despite an unchanged reading in U.S. pending home
sales in January, the consensus forecast is looking for a 1.0%
month-over-month decline in the N...
Thu, Apr 3 2008, 7:00 AM
Mortgage rates were largely unchanged during the week
ended March 27 according to the Primary Mortgage Market Survey conducted
by Freddie Mac.
...
Tue, Mar 25 2008, 8:05 AM
Mon, Mar 24 2008, 8:07 AM
Mon, Mar 24 2008, 7:00 AM
In what may be the first fluttering of a recovery in the housing
market, sales of existing homes last month actually
increased from January levels...
Wed, Mar 19 2008, 7:00 AM
"Average mortgage rates were up for all loan products reported," said
Frank Nothaft , Freddie Mac vice president and chief
economist. "However, for...
Tue, Mar 18 2008, 7:00 AM
Housing starts and the pulling of construction
permits continued to decline in February according to a
monthly report issued by the U.S. Census B...
Thu, Mar 6 2008, 8:00 AM
The chief economists of the National Association of Realtors�
( NAR ) on Thursday predicted that sales of
existing homes will probably remain flat...
Fri, Feb 29 2008, 8:00 AM
Freddie Mac and Fannie Mae may have
gotten
good news from their reg...