Let Valuation Tech Help Improve Your Collateral Valuation

Join this webinar to learn how technological advancements in valuation provide solutions to help lenders and servicers deliver more comprehensive offerings to their clients.

Talking proptech with FinLedger Director Holden Page

In this episode, Page discusses the hottest topics coming across FinLedger’s news desk. Topics include: the online banking market, what’s happening in the proptech space and recent private market deals.

engage.marketing 2021

We brought together the smartest minds in purchase marketing to share the insights, tactics and strategies that set the leaders apart. Watch the sessions on-demand now!

How Rocket Pro TPO continues to give its broker partners the upper hand

To remain competitive and create a better experience in this purchase environment, brokers need one thing above all: Speed. And there’s one lending partner that has the solutions and resources to give LOs just that.


Consumer sentiment rises strongly from November

Confidence grew stronger as weeks passed

Consumer sentiment held steady the last two weeks at a very high level of 93.6, little changed from 93.8 at mid-month and far above November's final reading of 88.8.

The current conditions component, which offers an indication on month-to-month change in consumer activity, slipped 9 tenths from the mid-month reading to a still very strong 104.8, which is 2.1 points above final November. This reading is a very positive indication for holiday spending.

The expectations component, which offers an indication on confidence in the outlook for jobs and income, is up 3 tenths from mid-month and up a very strong 6.5 points from final November. Inflation expectations are very soft, reflecting the downdraft underway in oil prices with both the 1-year and 5-year outlooks at 2.8%.

Today's report will be especially pleasant reading for the nation's retailers.

The Reuter's/University of Michigan's consumer sentiment index surged to 93.8 for the mid-month December reading versus an already strong 88.8 in final November and 89.4 in mid-month November.

This was the strongest reading since January 2007. The current conditions component was up three points from final November to 105.7 in a gain that signals month-to-month strength in consumer activity in December.

 The expectations component, though lagging at 86.1, was up a very sharp 6.2 points to signal rising confidence in the outlook for income and jobs.

Most Popular Articles

Will we ever see a “normal” housing market again?

The question on everyone’s minds: When will this hot housing market cool down? Arch MI investigates this and more in its Spring Housing and Mortgage Market Review.

Jun 22, 2021 By

Latest Articles

Buyside launches a new home valuation pages feature

After years of aggregating behavioral data from homebuyers and homesellers at the largest real estate brokerages in the country, Buyside is proud to announce the launch of their expansion into core & ancillary services by focusing on the homeowner.

Jun 24, 2021 By
3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please