The latest Fannie Mae Mortgage Lender Sentiment Survey found mortgage lenders’ profit margin outlook for the next three months fell slightly but remained positive due to strong reported refinance demand.
Tag: Doug Duncan
Americans File 1.54 Million More Initial Claims
More than 1.5 million Americans filed new claims for unemployment insurance during the first week of June, the Labor Department reported Thursday—the lowest level since the start of the coronavirus pandemic but still well above historic norms.
Fannie Mae Home Purchase Sentiment Index Remains Near Survey Low
The Fannie Mae Home Purchase Sentiment Index increased by 4.5 points in May to 67.5, building slightly after nearing its record low in April. The survey indicated home buyers are much more confident in the current market than sellers.
Americans File 1.9 Million Initial Claims; 11-Week Total at 42.6 Million
The positive news is initial unemployment claims fell for the ninth consecutive week. The not-so-positive: nearly 28 percent of Americans who had jobs in February are now out of work.
New Initial Claims at 2.1 Million; Total Claims Top 40 Million
American workers filed an additional 2.1 million initial claims last week, bringing the 10-week total for claims to nearly 41 million, the Labor Department reported yesterday.
Labor Dept. Reports 2.4 Million New Jobless Claims; Total Now 38.6 Million
Another 2.4 million Americans filed initial jobless claims last week, the Labor Department reported yesterday, bringing to 38.6 million workers who have applied for unemployment assistance since the coronavirus pandemic clobbered the U.S. economy nine weeks ago.
Initial Claims Tapering, But Remain High
Nearly three million Americans applied for initial unemployment claims last week—the lowest level in eight weeks but still highly elevated in the wake of the coronavirus pandemic.
Fannie Mae: COVID-19 Pushes Consumer Confidence in Housing to Lowest Level Since 2011
After falling by nearly 12 points last month, the Fannie Mae Home Purchase Sentiment Index decreased by nearly 18 more points in April to 63.0, its lowest reading since November 2011.
Coronavirus-Related Initial Claims Top 33.5 Million
The Labor Department yesterday reported an additional 3.17 million initial unemployment claims filed the week ending May 2, bringing total claims filed over the past seven weeks to 33.5 million.
Spring Initial Unemployment Claims Top 30 Million
Americans filed 3.8 million new unemployment claims last week, the Labor Department reported yesterday, bringing the six-week total to more than 30 million—nearly one-fifth of the entire U.S. workforce.