Purchase Apps down, Refi's down in Latest MBA Weekly Survey
03/27/24 07:00AM - Mortgage applications decreased 0.7 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending March 22, 2024. The Market Composite Index, a measure of mortgage loan application volume, decreased 0.7 percent on a seasonally adjusted basis from one …more…
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Consumer Confidence fell in March 2024 to 104.7
03/26/24 10:00AM - The Conference Board Consumer Confidence Index® was 104.7 (1985=100) in March, essentially unchanged from a downwardly revised 104.8 in February.
The Present Situation Index—based on consumers’ assessment of current business and labor market conditions—increased to 151.0 (1985=100) in March from 147.6 in February. Meanwhile, the Expectations Index—based on consumers’ short-term outlook for income, business, and labor …more…
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Richmond Fed's Current Activity slowed to −11 in March 2024
03/26/24 10:00AM - Fifth District manufacturing activity slowed in March, according to the most recent survey from the Federal Reserve Bank of Richmond. The composite manufacturing index decreased from −5 in February to −11 in March. Of its three component indexes, shipments remained solidly negative at −14, new orders fell from −5 to −17, and employment fell from …more…
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S&P CoreLogic Case-Shiller Home Price Indices decrease 0.1% in January 2024
03/26/24 09:00AM - S&P Dow Jones Indices (S&P DJI) today released the January 2024 results for the S&P CoreLogic Case-Shiller Indices. The leading measure of U.S. home prices shows that three out of the 20 major metro markets reported month-over-month price increases.
YEAR-OVER-YEAR
The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 6.0% annual gain in January, up from a 5.6% rise in the previous month. The 10-City Composite showed an increase of 7.4%, up from a 7.0% …more…
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February 2024 New Orders for Durable Goods increased 1.4%, Ex-Trans up 0.5%
03/26/24 08:30AM - New Orders
New orders for manufactured durable goods in February, up following two consecutive monthly decreases, increased $3.7 billion or 1.4 percent to $277.9 billion, the U.S. Census Bureau announced today. This followed a 6.9 percent January decrease. Excluding transportation, new orders increased 0.5 percent. Excluding defense, new …more…
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