• Applications for both new purchases and refinancing fell. • Mortgage interest rates generally rose. The Mortgage Bankers Association Mortgage Loan Applications Index declined 4.1% w/w (+36.4% y/y) in the week ended February 5 after [...]
Introducing
Sandy Batten
in:Our Authors
Sandy Batten has more than 30 years of experience analyzing industrial economies and financial markets and a wide range of experience across the financial services sector, government, and academia. Before joining Haver Analytics, Sandy was a Vice President and Senior Economist at Citibank; Senior Credit Market Analyst at CDC Investment Management, Managing Director at Bear Stearns, and Executive Director at JPMorgan. In 2008, Sandy was named the most accurate US forecaster by the National Association for Business Economics. He is a member of the New York Forecasters Club, NABE, and the American Economic Association. Prior to his time in the financial services sector, Sandy was a Research Officer at the Federal Reserve Bank of St. Louis, Senior Staff Economist on the President’s Council of Economic Advisors, Deputy Assistant Secretary for Economic Policy at the US Treasury, and Economist at the International Monetary Fund. Sandy has taught economics at St. Louis University, Denison University, and Muskingun College. He has published numerous peer-reviewed articles in a wide range of academic publications. He has a B.A. in economics from the University of Richmond and a M.A. and Ph.D. in economics from The Ohio State University.
Publications by Sandy Batten
Global| Feb 10 2021U.S. Mortgage Applications Drop on Mostly Higher Rates
by:Sandy Batten
|in:Economy in Brief
- Global| Feb 09 2021
TT
• • PREVIOUS>>>>>The price of regular gasoline increased to $2.41 per gallon (-1.9% y/y) in the week ended February 1................ These data are reported by the U.S. Department of Energy. The price data can be found in Haver's [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Feb 09 2021
U.S. Energy Prices Jump Up Last Week
• Gasoline prices rise to highest level in nearly a year. • Oil prices post first y/y increase since January 2020. • Natural gas prices jump up to highest level since March 2019. The price of regular gasoline increased to $2.46 per [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Feb 03 2021
U.S. Mortgage Applications Rebound
• Led by surge in refinancing applications; purchase applications little changed. • Fixed mortgage interest rates mixed while adjustable rates jumped up. The Mortgage Bankers Association Mortgage Loan Applications Index rebounded in [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Jan 28 2021
Goods Trade Deficit Narrows in December
• • PREVIOUS>>>>>>>The advance estimate of the U.S. trade deficit in goods widened to $84.8 billion in November..... • Narrowing larger than expected. • Still, net exports were a meaningful drag on overall GDP growth in Q4. • Export [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Jan 28 2021
Goods Trade Deficit Narrows in December
• Narrowing larger than expected. • Still, net exports were a meaningful drag on overall GDP growth in Q4. • Export growth picked up while import growth slowed in December. The advance estimate of the U.S. trade deficit in goods [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Jan 27 2021
TT
• • PREVIOUS>>>>>>>>The Mortgage Bankers Association Mortgage Loan Applications Index fell 1.9% w/w (+56.2% y/y) in the weekend January 15............. This survey covers over 75% of all U.S. retail residential mortgage applications [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Jan 27 2021
U.S. Mortgage Applications Tumble
• Declines in both purchase and refinancing applications. • Mortgage interest rates mostly edged down but remain off recent lows. The Mortgage Bankers Association Mortgage Loan Applications Index fell 4.1% w/w (+39.7% y/y) in the [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Jan 26 2021
U.S. FHFA House Price Index Rose Further in November
• House prices rose 1.0% m/m, the sixth consecutive monthly increase of 1.0% or more. • Prices were up 11.0% y/y, a series record annual increase. The Federal Housing Finance Agency (FHFA) House Price Index increased 1.0% m/m in [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Jan 21 2021
TT
• • • PREVIOUS>>>>The Federal Reserve Bank of Philadelphia reported that its General Factory Sector Business Conditions Index has fallen to 11.1 in December from 26.3 in November. The survey panel consists of 150 manufacturing [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Jan 20 2021
U.S. Home Builder Sentiment Slips in January
• Housing market activity weakens again from record high in November. • Activity in each region declines. The Composite Housing Market Index from the National Association of Home Builders-Wells Fargo declined 3.5% m/m (+10.7% y/y) in [...]
by:Sandy Batten
|in:Economy in Brief
- Global| Jan 20 2021
Decline in Refinancing Drags Down U.S. Mortgage Applications
• Purchase applications up but overwhelmed by decline in refinancing applications. • Mortgage interest rates generally rose, reflecting rise in most market rates. The Mortgage Bankers Association Mortgage Loan Applications Index fell [...]
by:Sandy Batten
|in:Economy in Brief
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