Opinions Uncensored

Existing Home Sales for January: Take the Under

The NAR is scheduled to release Existing Home Sales for January at 10:00 AM on Thursday, February 21st.The consensus is for 5.05 million SAAR, up from 4.99 million in December. Housing economist Tom Lawler estimates the NAR will reports sales of 4.92 million SAAR for January and that inventory...

AIA: "Strong start to 2019 for architecture billings"

Note: This index is a leading indicator primarily for new Commercial Real Estate (CRE) investment. From the AIA: Strong start to 2019 for architecture billingsStarting the year on a strong note, architecture firm billings growth strengthened in January to a level not seen in the previous twelve...

MBA: Mortgage Applications Increased in Latest Weekly Survey

From the MBA: Mortgage Applications Decrease in Latest MBA Weekly SurveyMortgage applications increased 3.6 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending February 15, 2019.... The Refinance...

Wednesday: FOMC Minutes

From Matthew Graham at Mortgage News Daily: Mortgage Rates Sticking Close to Long-Term LowsMortgage rates fell modestly today, making it the 7th straight business day where they've moved in the opposite direction from the previous day. [30YR FIXED 4.375 - 4.5%]emphasis addedWednesday:• At...

Lawler: Early Read on Existing Home Sales in January

From housing economist Tom Lawler: Early Read on Existing Home Sales in JanuaryBased on publicly-available local realtor/MLS reports released across the country through today, I project that existing home sales as estimated by the National Association of Realtors ran at a seasonally adjusted...