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www.mortgagenewsdaily.com
Housing Starts Decreased Sharply to 1.177 million Annual Rate in May Lowest total starts annual rate since May 2020 (at the start of pandemic). calculatedrisk.substack.com/p/housing-st...
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15h
Fed: "Industrial production (IP) edged up 0.1 percent in May after rising 0.9 percent in April. ... Capacity utilization edged up to 76.2 percent, a rate that is 3.2 percentage points below its long-run (1972–2025) average." www.federalreserve.gov/releases/g17... Slightly below consensus.
The "Home ATM" Mostly Closed in Q1 Total Mortgage Equity Withdrawal (MEW) was Negative in Q1 calculatedrisk.substack.com/p/the-home-a...