Printer Friendly

Vital statistics.

Key Economic Indicators and Interest Rates

                                           CONSUMER PRICES,
                                      YEAR-OVER-YEAR CHANGE (%)
          CHANGE IN
           PAYROLL                                  ALL ITEMS
         EMPLOYMENT    UNEMPLOYMENT                 LESS FOOD
         (Thousands)     RATE(%)      ALL ITEMS    AND ENERGY

AUG 15       150           5.1           0.2           1.8
SEP 15       149           5.1           0.0           1.9
OCT 15       295           5.0           0.1           1.9
NOV 15       280           5.0           0.4           2.0
DEC 15       271           5.0           0.7           2.1
JAN 16       168           4.9           1.3           2.2
FEB 16       233           4.9           1.0           2.3
MAR 16       186           5.0           0.9           2.2
APR 16       144           5.0           1.1           2.1
MAY 16        24           4.7           1.1           2.2
JUN 16       271           4.9           1.1           2.2
JUL 16       275           4.9           0.9           2.2
AUG 16       151           4.9           1.1           2.3

                     MBA
         MORTGAGE INTEREST RATES (%)

           30-YEAR        15-YEAR
            FIXED          FIXED

AUG 15       4.10           3.35
SEP 15       4.09           3.32
OCT 15       3.98           3.22
NOV 15       4.14           3.38
DEC 15       4.16           3.41
JAN 16       4.07           3.34
FEB 16       3.86           3.14
MAR 16       3.93           3.18
APR 16       3.85           3.10
MAY 16       3.84           3.07
JUN 16       3.78           3.06
JUL 16       3.65           2.92
AUG 16       3.66           2.94

                   NONFINANCIAL    YIELDS ON U.S. TREASURY SECURITIES
         FEDERAL    COMMERCIAL           AT CONSTANT MATURITY (%)
          FUNDS     PAPER (%)
          RATE      (3-Month)     6-Month   1-Year   3-Year   10-Year

AUG 15    0.14         0.18        0.22      0.38     1.03     2.17
SEP 15    0.14         0.22        0.18      0.37     1.01     2.17
OCT 15    0.12         0.18        0.11      0.26     0.93     2.07
NOV 15    0.12         0.20        0.32      0.48     1.20     2.26
DEC 15    0.24         0.36        0.49      0.65     1.28     2.24
JAN 16    0.34         0.47        0.43      0.54     1.14     2.09
FEB 16    0.38         0.47        0.44      0.53     0.90     1.78
MAR 16    0.36         0.47        0.46      0.66     1.04     1.89
APR 16    0.37         0.48        0.37      0.56     0.92     1.81
MAY 16    0.37         0.48        0.41      0.59     0.97     1.81
JUN 16    0.38         0.49        0.40      0.55     0.86     1.64
JUL 16    0.39         0.46        0.39      0.51     0.79     1.50
AUG 16    0.40         0.50        0.44      0.57     0.85     1.56

Housing Activity
Residential Structures (Thousands of Units, SAAR)

                             BY TYPE OF UNIT

               HOUSING STARTS                BUILDING PERMITS

                   Single-   Multi-              Single-   Multi-
          Total    Family    Family     Total    Family    Family

AUG 15    1,132      738       394      1,166      740       426
SEP 15    1,189      754       435      1,129      746       383
OCT 15    1,073      726       347      1,175      760       415
NOV 15    1,171      792       379      1,286      764       522
DEC 15    1,160      782       378      1,201      773       428
JAN 16    1,128      793       335      1,188      762       426
FEB 16    1,213      857       356      1,162      766       396
MAR 16    1,113      760       353      1,077      759       318
APR 16    1,155      777       378      1,130      773       357
MAY 16    1,128      742       386      1,136      759       377
JUN 16    1,186      786       400      1,153      767       386
JUL 16    1,211      778       433      1,144      740       404
AUG 16       NA       NA        NA         NA       NA        NA

                        BY REGION

                      HOUSING STARTS

         Northeast   Midwest   South   West

AUG 15      113        146      625    248
SEP 15      127        137      630    295
OCT 15      136        176      515    246
NOV 15      125        169      609    268
DEC 15      156        164      591    249
JAN 16      148        155      579    246
FEB 16       80        211      612    310
MAR 16      154        159      540    260
APR 16      119        203      596    237
MAY 16       81        191      587    269
JUN 16      116        171      592    307
JUL 16      134        175      613    289
AUG 16       NA         NA       NA     NA

                        BY REGION

                     BUILDING PERMITS

         Northeast   Midwest   South   West

AUG 15      110        177      589    290
SEP 15      115        173      562    279
OCT 15      130        176      601    268
NOV 15      124        209      635    318
DEC 15      180        167      582    272
JAN 16       87        208      576    317
FEB 16      125        186      566    285
MAR 16      101        183      540    253
APR 16      103        195      558    274
MAY 16       96        177      545    318
JUN 16      108        172      585    288
JUL 16       98        189      587    270
AUG 16       NA         NA       NA     NA

                    HOME SALES

                  EXISTING HOMES

           Units Sold     Median Price
         (Thous., SAAR)    ($ Thous.)

AUG 15       4,670           230.0
SEP 15       4,830           223.3
OCT 15       4,680           220.6
NOV 15       4,260           221.4
DEC 15       4,810           224.9
JAN 16       4,860           214.8
FEB 16       4,510           213.6
MAR 16       4,780           223.1
APR 16       4,810           232.0
MAY 16       4,880           240.3
JUN 16       4,920           249.8
JUL 16       4,820           246.0
AUG 16          NA              NA

                           HOME SALES

                           NEW HOMES

           Units Sold     Median Price   Months' Supply
         (Thous., SAAR)    ($ Thous.)      at Current
                                           Sales Rate
AUG 15        505            300.2            5.2
SEP 15        457            307.6            5.8
OCT 15        478            298.7            5.6
NOV 15        508            317.0            5.4
DEC 15        538            299.0            5.2
JAN 16        526            291.1            5.5
FEB 16        525            311.3            5.5
MAR 16        537            311.4            5.5
APR 16        570            321.3            5.1
MAY 16        572            290.7            5.0
JUN 16        582            310.5            4.9
JUL 16        654            294.6            4.3
AUG 16         NA               NA             NA

                   VALUE OF NEW PRIVATE
                CONSTRUCTION PUT IN PLACE
                   ($ Billions, SAAR)

                                          Non-
         Total *   1-Unit   2+ Units   Residential

AUG 15    848.6    239.3      54.4        405.5
SEP 15    858.9    243.7      56.9        409.2
OCT 15    845.7    247.5      57.2        400.4
NOV 15    853.7    249.8      55.9        404.2
DEC 15    844.1    249.7      57.1        393.9
JAN 16    849.7    248.1      58.3        399.7
FEB 16    858.1    248.9      58.3        402.4
MAR 16    879.0    246.8      61.5        410.6
APR 16    854.6    243.3      58.9        409.1
MAY 16    860.3    240.1      60.3        415.9
JUN 16    866.5    238.5      60.1        422.5
JUL 16    875.0    238.1      59.8        429.5
AUG 16       NA       NA        NA           NA

NA = Not Available

SAAR = Seasonally Adjusted Annual Rate

* Total private construction includes the following categories
not shown: residential improvements, public safety, highway and
street, sewage and waste disposal, water supply, and conservation
and development.
COPYRIGHT 2016 Mortgage Bankers Association of America
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2016 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Mortgage Banking
Date:Oct 1, 2016
Words:1125
Previous Article:Loan rate monitor.

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters