Freddie Mac has released its Primary Mortgage Market Survey® (PMMS) for the week ending December 28, 2023. The PMMS reports […]
Wood Markets News
US Weekly Jobless Claims Increase in the Week Ending December 23rd
The U.S. Department of Labor reported on Thursday (12-28-23), its advance figure for seasonally adjusted initial unemployment claims made during […]
FHFA House Price Index Increases Month-Over-Month and Year-Over-Year in October
The Federal Housing Finance Agency (FHFA) reported on Tuesday (12-26-23) that U.S. home prices increased 6.3% year-over-year. The previously reported […]
S&P CoreLogic Case-Shiller US Home Price NSA Index Continues Upward Trek in October
On Tuesday (12-26-2023), S&P Dow Jones Indices released its S&P CoreLogic Case-Shiller US National Home Price NSA Index for October. […]
University of Michigan Reports Upbeat Preliminary Results of Its Consumer Sentiment Index for December
The University of Michigan on Friday (12-22-23), released the Preliminary results of its Consumer Sentiment Index (CSI) for December. The […]
New US Residential Single-Family Home Sales Down Month-Over-Month but Up Year-Over-Year in November
The U.S. Census Bureau and the Dept. of Housing and Urban Development jointly announced on Friday (12-22-23) that new residential […]
Empresas Copec to Sell Some of Its Forestry Businesses to Brazilian Pulp and Paper Company Klabin for $1.16 Billion
Chile’s Empresas Copec announced that it has agreed to sell some of its forestry businesses to Brazilian pulp and paper company Klabin in a sale worth approximately $1.16 billion, according to Reuters.
US Real GDP Increases at an Annual Rate of 4.9% in Q3, BEA Reports in Its “Third” Estimate
Real GDP increased at an annual rate of 4.9% in Q3, the BEA said in its “third” estimate. This follows a reported real GDP increase of 2.1% in Q2.
Fixed-Rate Mortgages Continue to Decline in the Week Ending December 21st
The 30-year fixed-rate mortgage averaged 6.67%, down from last week when it averaged 6.95%, according to Freddie Mac.
Mortgage Application Payments Trend Lower in November
The Mortgage Bankers Association’s Purchase Applications Payment Index (PAPI) fell 2.8% to a reading of 170.9 in November, down from 175.9 in October.