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Lawler: Census 2010: Homeownership Rates by Selected Age Groups

CalculatedRisk @ August 31, 2011 # Comments Off

Update from Lawler: Yesterday I gave some stats on the “states” with the highest and lowest shares of owner-occupied homes owned free and clear. Those %’s were incorrect; they were %’s for the % of ALL occupied homes owner free and clear. (My bad).

More on page 8724

Fannie Mae and Freddie Mac Serious Delinquency Rates mostly unchanged in July

CalculatedRisk @ August 31, 2011 # Comments Off

Fannie Mae reported that the Single-Family Serious Delinquency rate was unchanged at 4.08% in July. This is down from 4.82% in July of 2010. The Fannie Mae serious delinquency rate peaked in February 2010 at 5.59%.

Freddie Mac reported that the Single…

More on page 8725

Restaurant Performance Index declined in July

CalculatedRisk @ August 31, 2011 # Comments Off

From the National Restaurant Association: Restaurant Industry Outlook Softened in July as Restaurant Performance Index Slipped to Its Lowest Level in 11 Months
As a result of softer same-store sales and traffic levels and a dampened outlook among rest…

More on page 8723

EUR/USD Little Changed as Fundamentals Hard to Interpret

ForexBlogger @ August 31, 2011 # Comments Off

EUR/USD traded mostly sideways today. It plunged down recently, but quickly recovers as of present time. The fundamentals in the US are mixed. While employment was even worse than expected by rather pessimistic analysts, C…

More on page 8727

CoreLogic: Home Price Index increased 0.8% in July

CalculatedRisk @ August 31, 2011 # Comments Off

• First on the Chicago PMI Chicago Business Barometer™ Slipped: The overall index decreased to 56.5 from 58.8 in July. This was above consensus expectations of 53.5. Note: any number above 50 shows expansion. The employment index increased to 52.1…

More on page 8719

Huge Deterioration of Canadian Growth and Current Account

larrygreenberg @ August 31, 2011 # Comments Off

Canada’s current account deficit widened 52.2% between the first and second quarters and to 3.6% of GDP from 2.4% of GDP.  Net exports exerted a gargantuan 5.7 percentage point drag on GDP growth in the second quarter, as exports sank 8.3% a…

More on page 8721

ADP: Private Employment increased 91,000 in August

CalculatedRisk @ August 31, 2011 # Comments Off

ADP reports:
Employment in the U.S. nonfarm private business sector rose 91,000 from July to August on a seasonally adjusted basis, according to the latest ADP National Employment Report® released today. The estimated advance in employment from June …

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Stocks Rose as Heavy Data Flow Continued

larrygreenberg @ August 31, 2011 # Comments Off

Share prices advanced by 3.3% in Singapore, 2.4% in Thailand, 2.0% in South Korea, 1.6% in Hong Kong, 1.2% in Taiwan, 1.0% in the Philippines, and 0.6% in Australia but were flat in Japan where weaker-than-expected industrial output data got released.&…

More on page 8722

MBA: Mortgage Purchase Activity "near 15-year lows"

CalculatedRisk @ August 31, 2011 # Comments Off

The MBA reports: Mortgage Applications Decrease in Latest MBA Weekly Survey
The Refinance Index decreased 12.2 percent from the previous week. The seasonally adjusted Purchase Index increased 0.9 percent from one week earlier.

“Refinance applicati…

More on page 8718

LPS: Average Loan in Foreclosure Is Delinquent for Record 599 Days

CalculatedRisk @ August 31, 2011 # Comments Off

LPS Applied Analytics released their July Mortgage Monitor Report today. From LPS: LPS’ Mortgage Monitor Report Shows Average Loan in Foreclosure Is Delinquent for Record 599 Days; First-Time Foreclosure Starts Near Three-Year Lows
The July Mortgage M…

More on page 8715