HOML News and Press, UBS AG London Branch ZC SP ETN REDEEM 13/03/2045 USD 25 From 11/29/19

By Jill Mislinski Wednesday morning the National Association of Realtors released the September data for their Pending Home Sales Index. Here is an excerpt from the latest press release: Lawrence Yun, NAR's chief economist, noted the decline in inventory and a small rise in mortgage rat...

Although they account for about 90% of the entire housing market, existing home sales are the least consequential to the economy. That's because building new homes entails a bunch of economic activity, from architects, builders, building trades contractors, landscapers in the building process,...

Yesterday's blog post focused on the strength of the consumer and the positive impact on the housing market. Also noted in that post was the consumer's improved financial position versus the end of the financial crisis and the current limited draw down of one's home equity. Then today, the U...

Late last week the National Association of Realtors reported existing home sales of 5.46 million units at an annual rate. This number was slightly below estimates, however, it was higher than the previous month and was 4.6% higher on a year-over-year basis. As the below chart shows, this rate ...

Before 2017, the highest price that lumber futures ever reached was $493.50 per 1,000 board feet in 1993. In late 2017, the price rose to a marginal new high at $500 and corrected down towards the $400 level. However, in 2018, the illiquid lumber futures market blew through the $500 level as a...

30-year fixed-rate mortgage averages 3.66% for the week ending Nov. 21, 2019, down from 3.75% in the previous week, according to the Freddie Mac Primary Mortgage Market Survey. More news on: iShares U.S. Home Construction ETF, iShares Mortgage Real Estate Capped ETF, UBS ETRACS Monthly ...

Introduction This morning’s release of housing permits and starts shows that the housing rebound continues. Important metrics made new expansion highs Starts increased, although not to an expansion high. More importantly, the more leading and less volatile permits *did* increase...

Building permits jumped 5.0% M/M to 1.461M units in October, the highest level since May 2007 , with the strongest gains in the Northeast. More news on: iShares U.S. Home Construction ETF, SPDR Homebuilders ETF, D.R. Horton, Inc., News on the U.S. economy, News on ETFs, Read more ... ...

Fannie Mae upgrades its 2020 forecast for real GDP to 1.9%, up from 1.7% in October, according to commentary from the government-sponsored enterprise's Economic and Strategic Research Group. More news on: iShares U.S. Home Construction ETF, SPDR Homebuilders ETF, ETF Series Solutions - H...

Note : This article was initially released to members on October 23, 2019. The ETRACS 2x Leveraged ETN Snapshot presents the latest updates on the news, yields, performance and other data for the ETRACS 2x ETNs, an extremely popular suite of high-yielding vehicles for income investors. ...