by Calculated Risk on 3/28/2022 07:11:00 PM
From Matthew Graham at Mortgage News Daily: Uneventful Start This Week as Rates Flirt With 5%
o At 9:00 AM ET, S&P/Case-Shiller House Price Index for January. The consensus is for a 18.3% year-over-year increase in the Comp 20 index.
o Also at 9:00 AM, FHFA House Price Index for January 2021. This was originally a GSE only repeat sales, however there is also an expanded index.
o At 10:00 AM, Job Openings and Labor Turnover Survey for February from the BLS.
On COVID (focus on hospitalizations and deaths):
AgoGoalPercent fully Vaccinated65.5%—>=70.0%1Fully Vaccinated (millions)217.4—>=2321New Cases per Day3?27,77527,104<=5,0002Hospitalized312,48717,168<=3,0002Deaths per Day3690927<=5021 Minimum to achieve “herd immunity” (estimated between 70% and 85%).
2my goals to stop daily posts,
37-day average for Cases, Currently Hospitalized, and Deaths
? Increasing 7-day average week-over-week for Cases, Hospitalized, and Deaths
? Goal met.
This graph shows the daily (columns) and 7-day average (line) of deaths reported.New cases have stopped declining.