Home foreclosure investors like Waypoint and Mack Companies are doing the right thing for consumers.
November 2012
Home foreclosure investors like Waypoint and Mack Companies are doing the right thing for consumers.
CPI – Retail Inflation (October 2012) CPI – Month/Month +0.1% CPI – Year/Year +2.2% CPI Core (less food & energy) Month/Month +0.2% CPI Core (less food & energy) – Year/Year +2.0% One of the larger increases was in rents which were +0.4%. Initial Jobless Claims (week ended 11/10/2012) New Claims – 439,000. Previous was 355,000
Wholesale Inflation (October 2012) PPI PPI – Month/Month -0.2 % PPI – Year/Year +2.3 % PPI less food & energy – Month/Month -0.2 % PPI less food & energy – Year/Year +2.1 % Inflation at the wholesale level remains well-contained. MBA Mortgage Applications (week ended 11/9/2012) Purchase Index – Week/Week +11.0% Refinance Index –
ICSC-Goldman Store Sales (week ended 11/10/2012) Store Sales – Week/Week +0.7%. Previous was -0.2% Store Sales – Year/Year 1.8%. Previous was 1.4% Redbook Store Sales Year/Year +1.6%. Previous was +0.8%. Consumer Metrics Institute This near realtime measure of consumer demand started moving upward two days after the election. This same effect – pre-election slump and
Notes and links on insurance claims after the storm.
Notes and links on insurance claims after the storm.
Highlights of holiday-shortened bond week: Fiscal Cliff debate kicks off, Retail sales, PPI, CPI, Fed minutes, NY-Philly manufacturing, 7 Fed speeches
How consumers can navigate a volatile rate market. And rates in three tiers: loans to $417k, to $625, to $2m
Import/Export Prices (October 2012) Export Prices – Month/Month + 0.0% Export Prices – Year/Year +1.4% Import Prices – Month/Month +0.5% Import Prices – Year/Year +0.4% Trade prices and volume could prove interesting in the coming 12 months. Important factors are: decreased demand for exports as parts of the EU fall into recession. Flat or decreased
Initial Jobless Claims (week ended 11/3) New Claims – Level 355,000. Previous was 363,000. 4-week Moving Average – 370,5000. Previous was 368,000. Not much news there. Jobless Claims could increased in the next report as Sandy’s impact is felt. Trade Balance (September 2012) Trade Deficit -$41.5 billion. Previous month was -$44.2 billion. Lower oil prices
Zillow just made it's fifth acquisition in 2 years and its first in the mortgage sector. Here's what it means.
Rates down post election. And here's why home prices are rising.
Rates down post election. And here's why home prices are rising.
