U.S. Data

  • 2019-05-22 07:00


    WASHINGTON (MNI) - The Mortgage Bankers Association Wednesday reported a modest rebound in mortgage activity in the May 17 week, with activity up 2.4% on a slight downtick in mortgage rates.

    Here are some of the key features of the report:

    - The Refinance Index rose by 8%, while the Purchase Index fell by 2% in the current week.

    - The 30-year average rate for a 30-year fixed mortgage fell further to 4.33% in the current week from 4.40% in the previous week, hitting its lowest point since January 2018.

    - The unadjusted purchasing index was up 7% from a year earlier.

    --MNI Washington Bureau; tel: +1 202-371-2121; email: kevin.kastner@marketnews.com

    [TOPICS: MAUDS$,M$U$$$,MK$$$$,M$$MO$]

  • 2019-05-15 07:00


    WASHINGTON (MNI) - The Mortgage Bankers Association Wednesday reported a further pull back in mortgage activity in the May 10 week, with activity down 0.6% despite a slightly downtick in mortgage rates.

    Here are some of the key features of the report:

    - Both the Refinance Index and Purchase Index fell by 1% in the current week.

    - The 30-year average rate for a 30-year fixed mortgage fell very slightly to 4.40% in the current week from 4.41% in the previous week.

    - The unadjusted purchasing index was up 7% from a year earlier.

    --MNI Washington Bureau; tel: +1 202-371-2121; email: kevin.kastner@marketnews.com

    [TOPICS: MAUDS$,M$U$$$,MK$$$$,M$$MO$]

  • 2019-05-09 10:00


    --Feb Wholesale Sales Rise 2.3%; Inv/Sales Ratio Falls To 1.32
    --Business Inventories Tracking Flat, Sales +1.5%

    WASHINGTON (MNI) - March wholesale inventories fell by 0.1%, below the 0.3% gain expected by both a Bloomberg consensus and an MNI survey of analysts, while wholesale sales were up 2.3% in the month, data released by the U.S. Commerce Department Thursday showed.

    Wholesale sales had initially been reported as flat in the advance indictors report published last week and incorporated into the first estimate of first quarter GDP.

    Factory inventories were already reported up 0.4% and the advance estimate of retail inventories was a 0.3% decline.

  • 2019-05-08 07:00


    WASHINGTON (MNI) - The Mortgage Bankers Association Wednesday reported a further pull back in mortgage activity in the May 3 week, with activity down 4.3% as mortgage rates ticked up slightly.

    Here are some of the key features of the report:

    - The Refinance Index rose by 1%, while the Purchase Index rose by 4% after declines in the previous two weeks.

    - The 30-year average rate for a 30-year fixed mortgage fell very slightly to 4.41% in the current week from 4.42% in the previous week.

    - The unadjusted purchasing index was up 5% from a year earlier.

    --MNI Washington Bureau; tel: +1 202-371-2121; email: kevin.kastner@marketnews.com

    [TOPICS: MAUDS$,M$U$$$,MK$$$$,M$$MO$]

  • 2019-05-02 10:02


    --Factory Inventories Up 0.4%
    --Orders Up On Transportation, Computers And Electronic Products

    WASHINGTON (MNI) - The value of new factory orders rose 1.9% in March, above the 1.5% increase expected by analysts in an MNI survey and the 1.6% increase expected by the Bloomberg consensus, data released by the Commerce Department Thursday morning showed.

    Durable goods orders were revised down slightly to 2.6% from the already reported 2.7% increase. Nondurable goods orders rose 1.1% on increases in petroleum and coal products, partially offset by beverages, food products, and paper products. Nondurable goods new orders are equivalent to nondurable goods shipments in this report.

  • 2019-05-01 07:00


    WASHINGTON (MNI) - The Mortgage Bankers Association Wednesday reported a further pull back in mortgage activity in the April 26 week, with activity down 4.3% as mortgage rates ticked up slightly.

    Here are some of the key features of the report:

    - The Refinance Index fell by 5%, while the Purchase Index fell by 4% for the second straight week.

    - The 30-year average rate for a 30-year fixed mortgage fell to 4.42% in the current week from 4.46% in the previous week. There were declines for jumbo, FHA, and 15-year mortgages as well.

  • 2019-04-24 07:00


    WASHINGTON (MNI) - The Mortgage Bankers Association Wednesday reported a pull back in mortgage activity in the April 19 week, with activity down 7.3% as mortgage rates ticked up slightly.

    Here are some of the key features of the report:

    - The Refinance Index fell by 11%, while the Purchase Index fell by 4%.

    - The 30-year average rate for a 30-year fixed mortgage rose to 4.46% in the current week from 4.44% in the previous week. There were gains for jumbo, FHA, and 15-year mortgages as well.

    - The unadjusted purchasing index was up 3% from a year earlier, so ther has been only modest improvement over the last year.

    --MNI Washington Bureau; tel: +1 202-371-2121; email: kevin.kastner@marketnews.com

    [TOPICS: MAUDS$,M$U$$$,MK$$$$,M$$MO$]

  • 2019-04-17 10:00


    --Feb Wholesale Sales Up 0.3%; Inv/Sales Ratio Unch At 1.35
    --Business Sales Tracking +0.2%

    WASHINGTON (MNI) - February wholesale inventories increased by 0.2%, vs. +0.3% expected by both a Bloomberg consensus and an MNI survey of analysts, while wholesale sales were up 0.3% in the month, data released by the U.S. Commerce Department Wednesday showed.

    Retail trade sales, those excluding food services sales, were already reported down 0.2% in February's retail sales release, while factory shipments rose 0.4%, so an MNI calculation sees business sales tracking for a 0.2% gain.

    Factory inventories were already reported up 0.3%.

  • 2019-04-17 08:34


    By Shikha Dave and Harrison Clarke

    WASHINGTON (MNI) - The U.S. international trade gap narrowed to $49.4 billion in February from an unrevised $51.1 billion in January, a smaller gap than the $53.4 billion deficit expected by the Bloomberg consensus and the $53.7 billion gap expected by an MNI survey, data released by the Commerce Department Wednesday morning showed.

    Here are the key findings from the release:

    - Imports rose on gains in capital goods ex. autos, and consumer goods. These were partially offset by decreases in industrial supplies and materials, and foods, feeds and beverages.

    - Exports rose on gains in capital goods ex. autos, led by civilian aircraft, and autos.

  • 2019-04-10 07:00


    WASHINGTON (MNI) - The Mortgage Bankers Association Wednesday reported a pull back in mortgage activity in the April 5 week after a sharp gain in the previous week, with activity down 5.6% as mortgage rates ticked up slightly.

    Here are some of the key features of the report:

    - The Refinance Index fell by 11% after surging to a three-year high in the previous week, while the Purchase Index rose by 1%.

    - The 30-year average rate for a 30-year fixed mortgage rose to 4.40% in the current week from 4.36% in the previous week. There were gains for jumbo, FHA, and 15-year mortgages as well.