Tag: investment

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Calculated Risk: Friday: Employment Report

by Calculated Risk on 12/01/2022 09:08:00 PM Mortgage rates are down a full percentage point in just over 3 weeks. Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. My November Employment Preview Friday:• At 8:30 AM ET, Employment Report for November.   The consensus is for 200,000 jobs added, and for […]

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Vehicles Sales Declined to 14.14 million SAAR in November

by Calculated Risk on 12/01/2022 07:24:00 PM Wards Auto released their estimate of light vehicle sales for November. Wards Auto estimates sales of 14.14 million SAAR in November 2022 (Seasonally Adjusted Annual Rate), down 5.1% from the October sales rate, and up 7.9% from November 2021.  Click on graph for larger image. This graph shows […]

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Calculated Risk: November Employment Preview

by Calculated Risk on 12/01/2022 06:08:00 PM On Friday at 8:30 AM ET, the BLS will release the employment report for November. The consensus is for 200,000 jobs added, and for the unemployment rate to be unchanged at 3.7%. There were 261,000 jobs added in October, and the unemployment rate was at 3.7%.Click on graph […]

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Mortgage Serious Delinquency Rate Decreased in October

by Calculated Risk on 12/01/2022 03:09:00 PM Fannie Mae reported that the Single-Family Serious Delinquency decreased to 0.67% in October from 0.69% in September. The serious delinquency rate is down from 1.46% in October 2021.  This is close to pre-pandemic levels. These are mortgage loans that are “three monthly payments or more past due or […]

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Rents Falling Faster than “Seasonality Alone”

by Calculated Risk on 12/01/2022 12:16:00 PM Today, in the Calculated Risk Real Estate Newsletter: Rents Falling Faster than “Seasonality Alone” A brief excerpt: Here is a graph of the year-over-year (YoY) change for these measures since January 2015. All of these measures are through October 2022 (Apartment List through November 2022). Note that new […]

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Construction Spending Decreased 0.3% in October

by Calculated Risk on 12/01/2022 10:19:00 AM From the Census Bureau reported that overall construction spending increased: Construction spending during October 2022 was estimated at a seasonally adjusted annual rate of $1,794.9 billion, 0.3 percent below the revised September estimate of $1,800.1 billion. The October figure is 9.2 percent above the October 2021 estimate of […]

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Personal Income increased 0.7% in October; Spending increased 0.8%

by Calculated Risk on 12/01/2022 08:42:00 AM The BEA released the Personal Income and Outlays report for October: Personal income increased $155.3 billion (0.7 percent) in October, according to estimates released today by the Bureau of Economic Analysis. Disposable personal income (DPI) increased $132.9 billion (0.7 percent) and personal consumption expenditures (PCE) increased $147.9 billion […]

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Weekly Initial Unemployment Claims decrease to 225,000

by Calculated Risk on 12/01/2022 08:34:00 AM The DOL reported: In the week ending November 26, the advance figure for seasonally adjusted initial claims was 225,000, a decrease of 16,000 from the previous week’s revised level. The previous week’s level was revised up by 1,000 from 240,000 to 241,000. The 4-week moving average was 228,750, […]