Tag Archive for Applications Index

Housing Time Bomb Goes Tick Tock Tick Tock

A couple of data points reported today marked a tick and a tock on the housing market clock. The Mortgage Bankers Association Mortgage Applications Index release was weak but not explosive. The FHFA (Federal Housing Finance Agency) monthly data on home sale prices was up, but meaningless. Follow the money. Find the profits!Liquidity is money. Regardless…

Post Governmentus Interruptus, Housing Market Sags- Professional Edition

The Mortgage Bankers’ Ass. is closed this week, hence there was no release of the Mortgage Applications Index, the best real time housing demand indicator. However, this week we do have the lagged data from the worst housing indicator in the world, Case Shiller, as well as the almost-as-stupid Pending Home Sales Index from the…

Cracked Economic Reports Not as Cracked Up To Be

Two key economic reports out today require closer scrutiny. Their positive readings may not be all that they appear to be on the surface. Both the MBAA’s Mortgage Applications Index and the weekly unemployment claims were reported as positives this morning. But just how good were they? Follow the money. Find the profits!Liquidity is money.…

Dead In The Water – Professional Edition Housing Update

This report updates the monthly Zillow housing data, and the weekly unemployment claims and mortgage applications index. The Zillow data for June shows the final effects of the April buying panic as the house purchase tax credit expired. Next month’s data should reflect the subsequent collapse that has been showing up in other indicators. Zillow’s…

Sour Housing Notes

The following is an excerpt from the Professional Edition Fed Report of December 23. It was also made available to Wall Street Examiner Economic Bulletins, a free email service, on December 24. You can subscribe via the form in the left sidebar. Follow the money. Find the profits!Liquidity is money. Regardless of where in the…