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  • RSS Calculated Risk

    • Schedule for Week of June 16, 2019 June 15, 2019
      The key reports this week are May housing starts and existing home sales.For manufacturing, the June New York and Philly Fed manufacturing surveys will be released.The FOMC meets this week, and no change to policy is expected at this meeting.----- Monday, June 17th -----8:30 AM: The New York Fed Empire State manufacturing survey for June. The consensus is fo […]
    • California Bay Area Home Sales Decline 2% YoY in May, Inventory up 15% YoY June 15, 2019
      From Compass chief economist Selma Hepp: Plenty of Bay Area buyers, but why are they hesitant?• While April’s momentum is slightly slower in May, May sales are still only 2 percent below last year’s highs after double-digit declines earlier in the year.• Home sales momentum remains solid in East Bay. Napa sales finally jumped 6 percent after a 6-month losing […]
    • "Mortgage Rates Just Had Another Awesome Week" June 14, 2019
      From Matthew Graham at Mortgage News Daily: Mortgage Rates Just Had Another Awesome WeekWhile we can't say that this week's best mortgage rate offerings were quite as good as last week's best, they were pretty darn close. In fact, quite a few lenders have simply been quoting the same rates for the entire 2-week period. [30YR FIXED - 3.875%] em […]

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