ISM manufacturing index hits 57.2 in March vs estimate of 57

Economic activity in the manufacturing sector expanded in March for the 94th consecutive month, according to The Institute for Supply Management on Monday....(read more)

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The Fed's obsession with 2% inflation belongs in 'the halls of academia,' Peter Boockvar warns

Peter Boockvar tells CNBC inflation should be held at zero....(read more)

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Bond Traders Are No Fools, Dismissing Bluster of Four Rate Hikes

Bloomberg Bond Traders Are No Fools, Dismissing Bluster of Four Rate Hikes Bloomberg To kick off the second quarter, bond traders will look to a fresh reading on the job market to gauge which Federal Reserve speaker has the best grip on the U.S. economy. The most important market news of the day. Get our markets daily newsletter. Sign Up. and more »...(read more)

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40,000 homes without power as storm sweeps Southeast

More than 40,000 households were still without power Monday as a severe thunderstorm system that killed two people Sunday continued to sweep the South....(read more)

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Don't fear the ARM as interest rates rise

it may be time for home buyers to take a fresh look at some alternatives to the 30-year, fixed-rate mortgage...(read more)

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Black Knight on Mortgages "44 Percent of Q4 Refis Were Cash-Outs, Most Equity Drawn in Eight Years"

Black Knight Financial Services (BKFS) released their Mortgage Monitor report for February today. According to BKFS, 4.21% of mortgages were delinquent in February, down from 4.45% in February 2016. BKFS also reported that 0.93% of mortgages were in the foreclosure process, down from 1.30% a year ago. This gives a total of 5.14% delinquent or in foreclosure. Press Release: Black Knight's Mortgage Monitor: Tappable Equity Hit $4.7 Trillion in 2016, Highest Since 2006; 44 Percent of Q4 Refis Were Cash-Outs, Most Equity Drawn in Eight Years Today, the Data & Analytics division......(read more)

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Homebuilder stocks tracking for best quarter in more than 2 years

The SPDR S&P Homebuilders ETF is on pace for its best quarter since the fourth quarter of 2014....(read more)

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