In the four-week period ending January 7th, US pending home sales posted their smallest year-over-year decline in two years, Redfin reported.
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Thirty-Year Fixed-Rate Mortgages Creep Higher in the Week Ending January 11th
The 30-year fixed-rate mortgage averaged 6.66%, up from last week when it averaged 6.62%, Freddie Mac reported.
Consumer Price Index Increases 0.3% in December; All-Item Index Up 3.4% Year-Over-Year
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3% in December on a seasonally adjusted basis, after rising 0.1% in November.
US Weekly Jobless Claims Decline in the Week Ending January 6th
The advance figure for seasonally adjusted initial unemployment claims was 202,000 during the week ending January 6th, a decrease of 1,000.
Mortgage Applications Increase in the Week Ending January 5th
Mortgage loan application volume increased 9.9% on a seasonally adjusted basis from one week earlier, according to the MBA.
Canadian Building-Permit Values Decline in November
The total monthly value of building permits in Canada decreased 3.9% month-over-month to $10.9 billion (CAD) in November.
Mortgage Credit Availability Tightens in December
The Mortgage Bankers Association Mortgage Credit Availability Index (MCAI) decreased 4.6% to a reading of 92.1 in December.
US Total Consumer Credit Outstanding Increases in November
In November, total consumer credit outstanding reached a seasonally adjust annual rate (SAAR) of $5.00 trillion for the first time, the Fed and NAHB reported.
NFIB Small Business Optimism Index Improves Modestly in December, but Owners’ Concerns Persist
The National Federation of Independent Business Small Business Optimism Index increased 1.3 points to a reading of 91.9 in December.
Fannie Mae Home Purchase Sentiment Index Gets a Boost From Lower Mortgage Rates in December
The Fannie Mae Home Purchase Sentiment Index® increased 2.9 points in December to a reading of 67.2. Year-over-year, the full HPSI was up 6.2 points.