GDP and the Housing Sector

Source: Bureau of Economic Analysis

Statement of Fannie Mae CEO, Daniel H. Mudd, Before the House Committee on Financial Services Regarding the Subprime Mortgage Situation

Consumer Price Index Ex-Food and Energy

Improving but still elevated.

Source: U.S. Department of Labor

Inflation Indicator for the Wholesale Sector

Source: US Department of Labor

According to the application data from the Mortgage Bankers Association of America, government loans (FHA and VA) have gotten more popular in the last few weeks. Last week's index of applications for government-backed loans reached its highest level since July of 2005.



Today's report also indicated that adjustable rate mortgages, both conventional and government, are declining in popularity. The percentage of applications for this type of loan fell to just 19.2% last week.

Source: Mortgage Bankers Association of America

Pending Home Sales Index

The index was up by 0.7% in February over January's reading but down by 8.5% from February of 2006.

Pending Home Sales Show Effects of Weather, Possible Subprime Impact


- - National Association of Realtors ®

New Century Files for Bankruptcy, is Selling Units
Subprime lender cuts 3,200 jobs; new financing from CIT, Greenwich Capital

-- Marketwatch.com

Source: U.S. Census Bureau