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Week 46 -2022 | From Nov. 14 to Nov. 18, 2022
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  10-Year Treasury...% Positive View   MBA Purchase Applications Negative View Fixed Mortgage Rates N/A
           
           
  Geopolitical Risk Positive View Producer Price Index (PPI) Positive View Retail Sales Positive View Jobless Initial Claims Positive View
    Empire State Mfg Index Positive View Imports and Exports Prices Negative View Philadelphia Fed Mfg index Negative View  
        Housing Starts Positive View  
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        Existing Home Sales Negative View
      Housing Market Index Negative View   Leading Indicators Negative View
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Week 46-2022 | Rating

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Week 46-2022 | Chart

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Week 46 -2022 | From Nov. 14 to Nov. 18, 2022
Week 46-2022
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Week 46-2022 | News

Review Week 46 - 2021 Today's Week Today's Week
         
   
Week 46 -2022 | From Nov. 14 to Nov. 18, 2022

10-Year Treasury Yield

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Retail Sales

The market needs weak retail sales data to stay strong

Empire State Mfg Index

A barometer of manufacturing activity in New York state rebounded more than expected this month as shipments picked up and factory employment continued to grow steadily, the New York Federal Reserve said on Tuesday. The regional Fed's "Empire State" index on current business conditions rose to a reading of 4.5 in November - the highest since July - from negative 9.1 in October. That exceeded the median estimate of economists polled by Reuters for a reading of negative 5 and topped all 29 forecasts in the poll. A reading above zero signals the New York manufacturing sector is expanding.

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MBA Purchase Applications

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Jobless Claims

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Existing Home Sales

Home sales declined for the ninth straight month in October, as higher interest rates and surging inflation kept buyers on the sidelines. Sales of previously owned homes dropped 5.9% from September to October, according to the National Association of Realtors. That is the slowest pace since December 2011, with the exception of a very brief drop at the beginning of the Covid-19 pandemic. The October reading put sales at a seasonally adjusted, annualized pace of 4.43 million units. Sales were 28.4% lower year over year. Even as sales slow, supply is still stubbornly low. There were 1.22 million homes for sale at the end of October, an decrease of just under 1% both month to month and year over year. That’s a 3.3-month supply at the current sales pace. Historically, a balanced market is considered to be a six-month supply. The median price of an existing home sold in October was $379,100, an increase of 6.6% from the year before. The price gains, however, are shrinking, as the seasonal drop in home prices this time of year appears to be much deeper than usual.

Fixed Mortgage Rates

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