The University of Michigan Index of Consumer Sentiment declined to a reading of 57.0 in March, a month-over-month decline of 11.9% and down 28.2% year-over-year.
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US Pending Home Sales Increase 2.0% in February
The NAR Pending Home Sales Index increased 2.0% to a reading of 72.0 in February. Year-over-year, pending sales were down 3.6%.
US Mortgage Rates Drift Lower in the Week Ending March 27
The 30-year fixed-rate mortgage averaged 6.65%, down from last week when it averaged 6.67%, Freddie Mac reported.
US Real GDP Increases at an Annual Rate of 2.4% in Q4, BEA Reports in Its “Third” Estimate
Real GDP increased at an annual rate of 2.4% in Q4, following an increase of 3.1% in Q3.
US Mortgage Application Payments Unchanged in February
The MBA Purchase Applications Payment Index increased 0.1% to 166.2 in February from 166.1 in January.
US Weekly Initial Jobless Claims Inch Lower in the Week Ending March 22
The advance figure for seasonally adjusted initial unemployment claims was 224,000, a decrease of 1,000 from the previous week’s revised total.
US Mortgage Applications Decline in the Week Ending March 21
Mortgage loan application volume decreased 2.0% on a seasonally adjusted basis from one week earlier, MBA reported.
New US Residential Single-Family Home Sales Rise 1.8% in February
New residential single-family home sales for February were at a seasonally adjusted annual rate of 676,000, 1.8% above the revised January rate.
FHFA House Price Index Posts 4.8% Annual Increase in January
The FHFA House Price Index rose 0.2% in January. Year-over-year, prices increased 4.8%.
S&P CoreLogic Case-Shiller Index Reports 4.1% Annual Gain in US Home Prices in January
The S&P CoreLogic Case-Shiller US National Home Price NSA Index posted an annual gain of 4.1% in January, a slight increase from December.