HOML News and Press, UBS AG London Branch ZC SP ETN REDEEM 13/03/2045 USD 25 From 02/27/19

By Robert Hughes The Consumer Confidence Index from The Conference Board rebounded in February, increasing by 9.7 points to 131.4. The index is constructed so that it equals 100 in 1985. The February gain follows three consecutive monthly declines from November through January. The composi...

During the 2018 partial government shutdown, which affected the timely reporting of housing market data, we began exploring alternative sources for that data that are providing a more detailed picture of recent trends in the residential real estate market at the state level than is possible ...

Unless the Fed is going to start buying millions of homes outright, prices are going to fall to what buyers can afford. There are two generalities that can be applied to all asset bubbles: Bubbles inflate for longer and reach higher levels than most pre-bubble analysts expected. Al...

Just recently, I spoke with Andrea Riquier, MarketWatch's reporter on housing, about the issue of affordability and current housing trends in the U.S. One of the interesting points we discussed is the issue of a "house" as a representation of the "American Dream." I cannot entirely ...

Who Wins in a long-drawn-out gradual Housing Bust? It always boils down to this: Regardless of how thin you cut a slice of bologna, there are always two sides to it. When home prices drop after a housing bubble, there are many losers. But here are the winners - including a whole generation...

Sales of new single-family homes fell 8% in January, the fifth straight month of Y/Y declines in new-home sales, according to Redfin. More news on: SPDR Homebuilders ETF, iShares U.S. Home Construction ETF, Invesco Dynamic Building & Construction Portfolio ETF, Financial stocks news,...

Introduction Normally, I don't post on existing home sales, but since no data on new home construction or sales beyond last November has been reported yet, this, along with purchase mortgage applications, is the best data we have. Mortgage rates and home prices relative to income suggest a...

By Jill Mislinski Thursday morning's release of the January Existing-Home Sales was down from the previous month's revised 5.00M to a seasonally adjusted annual rate of 4.94 million units. The Investing.com consensus was for 5.01 million. Here is an excerpt from Thursday's report from th...

U.S. mortgage rates dropped for third straight week, with the average 30-year fixed-rate mortgage rate dropping to its lowest weekly reading since Feb. 8, 2018, according to the Freddie Mac Primary Mortgage Market Survey. More news on: UBS ETRACS Monthly Pay 2x Leveraged Mortgage REIT ET...

Fannie Mae ( OTCQB:FNMA ) holds its 2019 forecast at 2.2% growth compared with 3.1% growth in 2018 as fiscal stimulus moderates investment growth and a widening trade deficit contributes to the Y/Y slowdown. More news on: UBS ETRACS Monthly Pay 2x Leveraged Mortgage REIT ETN, iShares Mor...