Five Minute Maturity – 07/09/2021

Good morning, and happy Friday! Yesterday, Fannie Mae released their Home Purchase Sentiment Index for the month of June. Coming in at 79.7, June’s number declined only slightly from May’s 80.0. However, the survey questions about whether it is a good time to buy and...

Five Minute Maturity – 07/07/2021

Good morning and happy hump day. Our one release for the week, Mortgage Applications for the week ending July 2, came out at 6:00 a.m. central time on the heels of last week’s -6.9%. We were negative again at -1.8%. The housing market continues to battle headwinds....

Five Minute Maturity – 06/30/2021

Good morning and happy hump day! We had more housing numbers today beginning early with Mortgage Applications for the week ending June 25. We were working off a +2.1% for the prior week and got a negative shocker at -6.9% today! At 9:00 central we got Pending Home...

Five Minute Maturity – 06/28/2021

Good morning and happy Monday! We get back into some scheduled housing data beginning tomorrow when we look at home prices via FHFA and Case Shiller. The street is looking for almost +2.0% rises on each on a month-to-month basis. We made the point last week that many...

Five Minute Maturity – 06/23/2021

Good morning and happy hump day! We continue to study the health of the housing market today as we got Mortgage Applications for the week ending 6/18 at 6:00 a.m. central time and New Home Sales for May at 9:00. Mortgage Applications are coming off a strong +4.2% for...