Government Spending Helped Kill Mortgage Demand! Mortgage Demand Decreased 3.8 Percent From One Week Earlier

by confoundedinterest Nobody wastes money like government, particularly around events like Covid where Federal spending led to housing prices spiking after Covid outbreak in 2020. This made housing unaffordable for most households. This in turn helped kill the mortgage market. Mortgage applications decreased 3.8 percent from one week earlier, according to data from the Mortgage …

READ MORE

Mortgage Demand Decreased 4.7 Percent From One Week Earlier (Purchase Index Decreased 1 Percent)

by confoundedinterest17 Feelin’ stronger for the most part. Mortgage applications decreased 4.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending October 3, 2025. The Market Composite Index, a measure of mortgage loan application volume, decreased 4.7 percent on a seasonally adjusted …

READ MORE

Mortgage Applications Decreased 21.9% From Two Weeks Earlier, Purchase Applications Down 48% From Two Weeks Earlier

by confoundedinterest17 Well, its that time of year again. Mortgage applications drop to their lowest levels after Christmas until New Years Eve. Then mortgage applications pick up in the new year. Mortgage applications decreased 21.9 percent from two weeks earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending …

READ MORE

Housing Starts Decreased To 1.289 Million In November, Down -10.2% YoY

by confoundedinterest17 Government didn’t build this country. The private sector did. Housing Starts: Privately-owned housing starts in November were at a seasonally adjusted annual rate of 1,289,000. This is 1.8 percent below the revised October estimate of 1,312,000 and is 14.6 percent below the November 2023 rate of 1,510,000. Single-family housing starts in November were at …

READ MORE

Bungle In The Economic Jungle! Existing Home Sales Decreased to 3.84 million SAAR in September, New Cycle Low (Lowest Since 2010)

by confoundedinterest17 We are in the jungle. And its a bungle in the economic jungle. Existing home sales disappointed (yet again) in September, declining 1.0% MoM (vs expectations of a 0.5% MoM rise). August’s 2.5% MoM drop was revised up to a 2.0% MoM drop, but still left existing home sales down 3.5% YoY… Source: Bloomberg Total sales …

READ MORE

Mortgage Purchase Index Decreased 5 Percent From Previous Week (I’ll Feel A Whole Lot Better If Harris Loses)

by confoundedinterest17 I’ll feel a whole lot better … when Kamala Harris is gone. Mortgage applications decreased 6.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Applications Survey for the week ending October 18, 2024. The Market Composite Index, a measure of mortgage loan application volume, decreased 6.7 percent …

READ MORE

Mortgage Applications Decreased For Seventh Time In Eight Weeks, Lowest Level Since 1996 (Purchase Apps Down -11% WoW And -27% YoY)

by confoundedinterest17 Well, this isn’t good if you are a mortgage lender. Mortgage applications decreased 0.8 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending September 8, 2023. This week’s results included an adjustment for the Labor Day holiday. The Market Composite …

READ MORE

Bidenomics At Work! US Purchase Mortgage Demand Decreased 0.3% Since Last Week, Down -27% Since Last Year (Mortgage Rate UP 157% Under Biden)

by confoundedinterest17 I wonder if Biden will use his writeboard to brag about the 30-year mortgage rate rising 157% under his economic Reign on Error? Aka, Bidenomics. Mortgage applications increased 2.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending August 25, …

READ MORE

Burning Down The Housing Market! Mortgage Demand Decreased in Weekly Survey Purchase Applications “Lowest Level Since April 1995”

by confoundedinterest17 The Talking Heads said it best. Bidenomics is burning down the housing market. Bidenomincs (or trying to recover from Yellenomics) is responisble for interest rates rising to flight inflation and the collapse of mortgage lending. And she was … Janet Yellen. Mortgage demand (applications) decreased 4.2 percent from one week earlier, according to data from …

READ MORE

Nonfarm payrolls increased, but household employment decreased, suggesting some families may be struggling financially.

by DesmondMilesDant What is going on here at the Non-Farm payrolls report? Let me confuse you from something in 2008. According to the most recent jobs report, nonfarm payrolls increased by 339 thousand in January. This is good news for the economy, as it indicates that more people are finding work. However, there was a …

READ MORE

Uh-oh! It looks like you're using an ad blocker.

Our website relies on ads and the generous support of readers like you to keep delivering free, high-quality content. Right now, we are facing serious funding challenges and we need your help more than ever. Disable your ad blocker and this message will vanish. You can also sign up for a membership to enjoy an ad-free experience while supporting our work: https://citizenwatchreport.com/plans/subscriptions/ Your support helps us stay independent, continue our work, and keep content free for everyone. We truly appreciate your understanding and thank you for standing with us.