NAR: Pending home sales rose in March
Pending home sales increased 3.4% in March from the prior month, the National Association of Realtors said.
Economy
First quarter GDP (Advance Estimate) increases 1.6%
Real gross domestic product increased at an annual rate of 1.6% in the first quarter of 2024, according to the...
New orders for durable goods rise in March
New orders for manufactured durable goods increased $7.3 billion or 2.6% in March to $283.4 billion, the U.S. Census Bureau...
New homes sales increased in March
New single-family homes sales increased to a seasonally adjusted annual rate of 693,000, according to the U.S. Census Bureau and...
ABA Data Bank: Car insurance prices hitting the gas
The cost of auto insurance rose more than 22% year-over-year in March, the largest annual jump since 1976.
Fed: Bank system remains sound, profitable
The banking system over the past few months has remained sound and resilient, with risk-based capital ratios well above regulatory...
Kansas City Fed: Bank aggregate CRE exposure may be a poor measure of risk
Commercial real estate risks can vary substantially, suggesting that aggregate CRE exposure may be a poor measure of risk, economists...
Mortgage rates rise
The rate for a 30-year fixed-rate mortgage averaged 7.1% this week, up from last week when it averaged 6.88%.
Existing homes sales fell 4.3% in March
Existing home sales dropped 4.3% in March to a seasonally adjusted annual rate of 4.19 million, the National Association of...
Beige Book: Economic activity increased slightly since February
Overall economic activity expanded slightly since late February, with 10 out of 12 Federal Reserve districts reporting either slight or...
