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Bill McBride
Worked at Calculated Risk
Attended UC Irvine
Lives in orange county, ca
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Bill McBride

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Thursday: Unemployment Claims, Fed Chair Janet Yellen
From Matthew Graham at Mortgage News Daily: Mortgage Rates Inch Further Into 1-Year Lows Mortgage rates barely budged today, but did manage to gain just a bit of ground. That means another 1-year low, technically, although many lenders are quoting the exac...
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Bill McBride

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Hilsenrath on Yellen
An excerpt from an article by Jon Hilsenrath at the WSJ: Fed Sees Risks to U.S. Economy Rising The Fed’s assessment of the balance of risks is meaningful because officials won’t be inclined to raise short-term interest rates again if it sees growing risks t...
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MBA: Mortgage Applications Increased in Latest Weekly Survey, Purchase Applications up 25% YoY
From the MBA: Rates Drop, Refi Applications Surge in Latest MBA Weekly Surve Mortgage applications increased 9.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ...
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EIA: Record Oil Inventories, Gasoline Prices expected to average $1.98/gal in 2016
Oil prices are down today, with Brent at $30.51 per barrel, and WTI at $28.08. Here is an excerpt from the EIA Short-Term Energy Outlook (STEO) released today. Brent crude oil prices are forecast to average $38/b in 2016 and $50/b in 2017. Forecast
West Tex...
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NFIB: Small Business Optimism Index decreased in January
From the National Federation of Independent Business (NFIB): After Modest Gain Last Month, Small Business Optimism Takes a Stumble The Index of Small Business Optimism fell 1.3 points from December , falling to 93.9. ... Reported job creation improved in ...
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Update: The Inland Empire Bust and Recovery
Way back in 2006 I disagreed with some analysts on the outlook for the Inland Empire in California. I wrote : As the housing bubble unwinds, housing related employment will fall; and fall dramatically in areas like the Inland Empire. The more an area is de...
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Bill McBride

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Las Vegas: Record Visitor Traffic in 2015, Conventions Returning
Another update ... during the recession, I wrote about the troubles in Las Vegas and included a chart of visitor and convention attendance: Lost Vegas . Since then Las Vegas visitor traffic has recovered to new record highs. Visitor traffic was 2.9% above t...
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Yellen: "Financial conditions in the United States have recently become less supportive of growth"
From Fed Chair Janet Yellen: Semiannual Monetary Policy Report to the Congress . Excerpt: Financial conditions in the United States have recently become less supportive of growth , with declines in broad measures of equity prices, higher borrowing rates fo...
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"Mortgage Rates Well Into Mid 3's"
Wednesday: • At 7:00 AM ET, the Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index . • At 10:00 AM, Testimony by Fed Chair Janet Yellen , Semiannual Monetary Policy Report to the Congress , Before the Co...
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BLS: Jobs Openings increased in December
From the BLS: Job Openings and Labor Turnover Summary The number of job openings increased to 5.6 million on the last business day of December , the U.S.
Bureau of Labor Statistics reported today. Hires and separations were little changed at 5.4 million an...
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Tuesday: Small Business Confidence, Job Openings
From the Boston Globe: Gasoline prices slide even lower in Mass. Gasoline prices fell for the ninth consecutive week in Massachusetts, tumbling to an average of $1.77 a gallon on Monday, according to AAA Northeast. ... It remains unclear whether prices have...
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Update: Framing Lumber Prices down Sharply Year-over-year
Here is another graph on framing lumber prices. Early in 2013 lumber prices came close to the housing bubble highs. The price increases in early 2013 were due to a surge in demand (more housing starts) and supply constraints (framing lumber suppliers were ...
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Have him in circles
539 people
Perfect Health Consulting Services, LLC's profile photo
Jon Brooks's profile photo
Marthol Barua's profile photo
Alisha Dorothy Moore's profile photo
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mukherjee amit's profile photo
Daniel Talero's profile photo
jesuiMarocanbienveniamaroc SIMO FAHIM's profile photo
Corey Hahn's profile photo
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