Five Minute Maturity – 12/08/2021

Good morning and happy hump day! Today is the only day this week with scheduled news. At 6:00 central, we got Mortgage Applications for the week ending Dec. 3rd. It was coming off the worst number in 9 months last week, -7.2%, and put in a +2.0% reversal today. In...

Five Minute Maturity – 12/06/2021

Good morning and happy Monday! We have nothing scheduled this morning in housing news and it appears to be a tranquil news day in general. However, we did find a couple of things in our early morning travels. First up, Calculated Risk reports the number of mortgages...

Five Minute Maturity – 12/03/2021

Good morning and welcome to the weekend! We have no scheduled housing news today but do have some things to talk about. First up, rents continue to increase sharply, +17.7% year-over-year in November, according to ApartmentList. These higher rent numbers will show up...

Five Minute Maturity – 12/01/2021

Good morning and happy hump day! We continue with scheduled housing news today with Mortgage Applications for the week ending Nov 26th, and for good measure, we’ll throw in Ward’s Total Vehicle Sales for Nov after the stock market closes. Mortgage...

Five Minute Maturity – 11/29/2021

Good morning and happy Monday! Hope you had a great Thanksgiving holiday. We had scheduled news today in the form of Pending Home Sales for Oct. It came in last month at -2.3% and the surveys were calling for +0.8% for today’s release. It surprised us at +7.5%!...