by Calculated Risk on 5/02/2022 08:46:00 PM
From Matthew Graham at Mortgage News Daily: 30yr Fixed Mortgage Rates Now Over 5.5%
o At 8:00 AM ET, Corelogic House Price index for March.
o At 10:00 AM, Job Openings and Labor Turnover Survey for March from the BLS.
o All day, Light vehicle sales for April. The expectation is for light vehicle sales to be 13.8 million SAAR in April, up from 13.36 million in March (Seasonally Adjusted Annual Rate).
On COVID (focus on hospitalizations and deaths):
AgoGoalPercent fully Vaccinated66.2%—>=70.0%1Fully Vaccinated (millions)219.7—>=2321New Cases per Day3?57,02045,428<=5,0002Hospitalized3?10,59110,366<=3,0002Deaths per Day3307346<=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.Deaths are declining week-over-week, but new cases have more than doubled from the recent low, and hospitalizations are increasing.
Average daily deaths bottomed in July 2021 at 214 per day.