LRET News and Press, UBS AG ZC SP ETN REDEEM 05/05/2045 USD 25 From 06/27/19

Since peaking in late November 2018, mortgage rates in the United States have fallen sharply, dropping by more than a percentage point from a peak of an average of 4.87% to 3.83% in June 2019. For existing home sales, the falling interest rates have roughly coincided with a rebound in the ...

Housing Starts Housing starts rose in May to an annual rate of 1.269 million, which was better than expected, with upward revisions to the prior two months that totaled 77,000. The strength is in multi-family units, which were up 13.7% year over year. Single-family home building starts wer...

By Robert Hughes Housing construction activity was mixed in May as starts fell by 0.9 percent while permits for future construction rose 0.3 percent. Total housing starts dropped to a 1.269 million annual rate from a 1.281 million pace in April. The dominant single-family segment, which ac...

All asset "wealth" in credit-asset bubble dependent economies is contingent and ephemeral. A funny thing happens to "wealth" in a bubble economy: it only remains "wealth" if the owner sells at the top of the bubble and invests the proceeds in an asset which isn't losing purchasing power....

Housing market conclusion: While the data became moderately softer during 2018, the market is healthy. A strong jobs market is supporting consumer demand. Interest rates have dropped since the beginning of the year. The supply situation is far more controlled during this expansion; builders ...

This article was first released to CEF/ETF Income Laboratory subscribers 1 month ago, so data may be out of date. Please check latest data before making investment decisions. The ETRACS 2x Leveraged ETN Snapshot presents the latest updates on the news, yields, performance, and other da...

In April 2019, the initial raw data for median new home sale prices in the U.S. spiked sharply upward, rising to a new record high value of $342,200 - a nearly 12% increase over the second estimate of $305,800 for March 2019's median new home sale price. Meanwhile, median household income in...

With Tuesday's release of the March S&P/Case-Shiller Home Price Index, we learned that seasonally adjusted home prices for the benchmark 20-city index were up 0.09% month over month. The seasonally adjusted national index year-over-year change has hovered between 4.2% and 6.7% for the last...

Introduction Is your favored metric housing or the yield curve? Depending on which one you prefer, the economy is either careening towards recession or else “no worries.” Because the two very important leading metrics are giving completely different signals this spring. Is t...

By Michael S. Canter and Janaki Rao Credit risk-transfer securities (CRTs) have made the US mortgage market safer by shifting default risk from taxpayers to private investors. The latest attempt to overhaul the housing finance system isn't likely to change that. A recent memo from Presid...