HOMZ News and Press, Hoya Capital Housing From 09/28/23

2023-09-28 13:30:00 ET Summary The history of the yield curve shows that it rises prior to rises in equity indices. The interpretation requires looking at the pricing and the impact of individual issues in the S&P 500. Energy, commodity and industrial issues have been risi...

2023-09-28 12:17:46 ET More on mortgage rates: Will The Stock Market Fall? Weekly Forecast, September 22, 2023: 1-Month Forward Treasuries Peak At 5.58% In 2039 Bond Market Expectations: Slow Growth And Moderate Inflation Goldman Sachs: U.S. pensions are reba...

2023-09-28 09:00:00 ET Summary Net Lease REITs - one of the most "bond-like" and interest-rate-sensitive property sectors - have lagged in recent months as investors come to grips with a potential "higher-for-longer" interest rate environment. Thriving in the "lower forever" envir...

2023-09-28 08:10:00 ET Summary The trend for the market capitalization of the U.S. new home market continued to benefit from the "golden handcuffs" problem afflicting the owners of existing homes in August 2023. New home sales trend still rising. December 2022 saw the first up...

2023-09-27 03:35:00 ET Summary Interest rates are likely to remain higher for longer on the heels of better-than-expected growth. Fixed income remains our highest-conviction trade, although we see select opportunities in high-quality equities such as energy and industrials. We...

2023-09-26 20:10:00 ET Summary Cut the price, and they will not come? Homebuilders, in a tough market, compete with homeowners who are still delusional. Homebuilders are trying all kinds of stuff to get sales going in this environment of 7%-plus mortgage rates. The median pric...

2023-09-26 01:55:00 ET Summary In the U.S., the 525 basis point increase in the Fed Funds rate over the last 19 months has resulted in a 30-year mortgage rate rising to a 23-year high of 7.31% according to LSEG Datastream. The U.K. is not far behind, having raised rates by 500 bas...

2023-09-25 22:01:00 ET Summary Mortgage rates are at a two-decade high with the average 30-year fixed-rate mortgage climbing above 7%. A major difference between today and the period leading up to the global financial crisis is vacancy rates. Today, only 6.4% of rental propert...

2023-09-25 21:35:00 ET Summary The Federal Open Market Committee (FOMC) statement seemed dovish, at first, but then the FOMC signaled that one more Fed rate hike was not only possible, but likely. Crude oil prices have risen 30% since June, as fears of further supply shortages per...

2023-09-25 21:10:00 ET Summary When I drew the neckline on an obviously forming head-and shoulders top here a week ago, I did not know for sure that we would close below the neckline of that topping pattern last Friday. I don’t like the fact that the broadening of the stock...