March 16, 2025
Mortgage

Weekly Indicators: Mortgage Rates Turn Lower, Refinancing Reignites


Percent sign moving down from top stair on blue background.

Pla2na/iStock via Getty Images

Purpose

I look at the high frequency weekly indicators because while they can be very noisy, they provide a good nowcast of the economy, and will telegraph the maintenance or change in the economy well before monthly

Corporate bonds
10 year Treasury
10 yr-2 yr Treasury
10 ry. – 3 mo. Treasury
2 yr – Fed funds
Mortgage rates X
Purchase Mtg. Apps.
Refi Mtg Apps.
Real Estate Loans
Real M1
Real M2
Corporate Profits
Adj. Fin. Conditions Index
Leverage Index
Totals: 4 4 6

Short Leading Indicators Positive Neutral Negative
Credit Spread
Miller Score
St. L. Fin. Stress Index
US$ Broad
US$ Major currencies
Total commodities
Industrial commodities
Stock prices
Regional Fed New Orders

Coincident Indicators Positive Neutral Negative
Weekly Econ. Index X
Open Table
Redbook
Rail
Harpex
BDI
Steel x
Tax Withholding
TED (deleted)
LIBOR (deleted)
Financial Cond. Index
Totals: 4 5 0



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent. View more
Accept
Decline