Housing Starts (September 2012) – Starts were 872,000 (seasonally adjusted, annualized) – Previous was 758,000 – Permits were 894,000. Previous was 801,000. One of the interesting things about this and recent improvements in Housing Starts is the increase in multifamily (5+ units.) Multifamily was up 25%. Housing Starts are in units. A single family
MBA mortgage applications
The string of gains in the home purchase loan applications index moved it to the best level since June.
Rundown and charts on today's U.S. economic data. And rate reaction.
Whether the Fed does QE3, and whether it actually does anything, is less important in the short run than perception.
Housing data this month is mixed. Here's the bullet points and charts on each key release.
Housing data this month is mixed. Here's the bullet points and charts on each key release.
Here's what's happening in markets vs. what mainstream media headlines say about rates.
Today's mortgage application and wholesale inventory data.
Today's mortgage application and wholesale inventory data.
GDP second reading revised up. But still dubious.
Politics makes for some incredibly bad fiscal policy. Bad fiscal policy creates bad monetary policy.
Quick takes and charts on jobless claims, consumer inflation, mortgage applications, personal income/spending, durable goods orders.
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