Recent housing data brought some better than expected news, while wholesale inflation cooled in December. The contraction in manufacturing continued this month. Here are the details: -Sales of Existing Homes Higher Than Expectations-Two Sides to Housing Starts Data-Is the Uptick in Builder Confidence...
Are Signed Contracts on Existing Homes Set to Rebound This Year?Pending Home Sales fell 4% from October to November, marking the sixth straight monthly decline. Sales were also 37.8% lower than they were in November of last year. This is a critical report...

MBS Roadsigns

Week of August 22, 2022 in Review Fed Chair Jerome Powell gave an important speech at the annual Jackson Hole Economic Symposium, while two July housing reports showed a slowdown in signed contracts for new and existing homes. Here are the key stories:...