Category News

MBS Road Signs 6-12-23

Week of June 5, 2023 in Review

Updates on home price appreciation, rising jobless claims and recession chatter overseas capped an otherwise quiet week. Read on for these stories:

• More Signs of Home Price Strength
• Has the Job Market Reached a Turning Point?
• Why Recession Talk from Europe Matters Here

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Week of May 29, 2023 in Review

While job growth in May looked strong on the surface, a deeper look at the data shows underlying weakness in the labor sector. Plus, the latest home price appreciation data shows the opportunities that exist for buyers. Here are the details:

• Conflicting Job Numbers
• Leisure and Hospitality Jobs Boost Private Sector Employment
• Unemployment Claims Remain Elevated
• Home Prices Continue to Rebound

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MBS Road Signs 5-30-23

Week of May 22, 2023 in Review

Uncertainty surrounding the debt ceiling caused volatility in the markets, while inflation was hotter than expected in April. Tight supply continues to be a key factor impacting home sales. Here are the headlines:

• Better Progress to Come on Inflation
• “Sizeable Increase” Needed in Housing Inventory
• New Home Sales Hit 13-Month High
• Unemployment Claims Reflect Challenges for Job Searchers
• First Quarter GDP Revised Higher but Still Disappointing

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MBS Road Signs 5-22-23

Week of May 15, 2023 in Review

Recent data shows the impact that low supply is having on the housing market, while unemployment claims continue to reflect a slowdown in hiring. Don’t miss these stories:

• Tight Supply Takes the Spring Out of Existing Home Sales
• Home Builder Confidence Reaches Key Threshold
• “Gradual Improvement” In Single-family Construction
• Unemployment Claims Trending Higher Despite Weekly Decline
• Weakness in Manufacturing, Retail Sales and Leading Indicators

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MBS Road Signs 5-15-23

Week of May 8, 2023 in Review

Inflation continues to trend lower. Jobless Claims continue to trend higher. Here are last week’s highlights:

• Annual consumer and producer inflation continue lower
• Jobless Claims continue higher
• Small Business Optimism Hits 10-Year Low

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MBS Road Signs 5-8-23

Week of May 1, 2023 in Review

The Fed hiked its benchmark Fed Funds Rate despite signs of cooling inflation and concerns about the banking sector. Plus, job growth isn’t as strong as it seems while home prices have reached an inflection point. Here are the key stories:

• Fed Hikes Rates Another 25 Basis Points
• Strong Jobs Report or Not Really?
• What’s Really Boosting Private Payrolls?
• Challenges Remain for Job Seekers
• Appreciation Data Turning Around

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MBS Road Signs 5-1-23

Week of April 24, 2023 in Review

Inflation continues to trend lower while home prices continue to be supported by the ongoing dynamic of high demand and tight supply. Here are the takeaways:

• Inflation Improving One Step at a Time
• Lack of Existing Home Inventory a “Major Constraint”
• March New Home Sales Reach Yearly High
• Appreciation Data Turning Around
• Jobless Claims Trend Higher Despite Weekly Drop
• First Quarter GDP Well Below Estimates

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MBS Road Signs 4-24-23

Week of April 17, 2023 in Review

The latest data showed signs of strength in the housing market while the labor sector is getting weaker. Plus, an important recession signal continues to reflect a slowing economy. Don’t miss these stories:

• What the Media Gets Wrong About Home Prices
• Home Builders Need to be “Starting” Something
• NAHB Reports Cautious Optimism Among Home Builders
• Job Market Getting Weaker
• Recession Signal Flashing

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MBS Road Signs 4-17-23

Week of April 10, 2023 in Review

Inflation is trending lower while unemployment claims are doing the opposite. Plus, the minutes from the Fed’s latest meeting revealed what they think about a recession this year. Here are the headlines:

• Consumer Inflation Getting Better
• Wholesale Inflation Makes Huge Progress Lower
• Latest on Small Business Optimism…or Lack Thereof
• Unemployment Claims Trend Higher
• Fed Expects “Mild Recession” Later This Year

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Week of April 3, 2023 in Review

The labor sector delivered plenty of news for the markets to digest, including some important signals about what may be ahead. Plus, the latest on home prices, manufacturing and more in these stories:

• Mixed Jobs Report for March
• Disappointing Private Sector Job Growth Signals “Slowing” Economy
• Reporting Adjustment Sheds Light on Unemployment Claims
• Home Price Forecast Sees Upward Revision
• Recession-like Conditions Continue in Manufacturing

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