
Sources
Ian’s Daily Update combines proprietary analysis with trusted market and economic data sources. These platforms and reports provide the underlying data, charts and market context used throughout the Daily Update.
MBS Live
MBS Live provides real-time mortgage-backed securities data and charting tools used in Ian’s Daily Update. Its alerts add reprice insight alongside our proprietary formula, while its technical commentary helps explain movements in mortgage rates and MBS pricing.
Mortgage News Daily
Mortgage News Daily publishes the daily national average mortgage rates referenced in Ian’s Daily Update. These rates provide a consistent benchmark for tracking changes in consumer mortgage rates.
Trading Economics
Trading Economics provides economic data, release calendars and graphics used throughout Ian’s Daily Update. Its data helps put economic releases and market-moving trends in context.
U.S. Department of Labor
This weekly report tracks new applications for unemployment benefits and the number of people continuing to receive benefits. Initial claims offer a timely view of layoffs, while continuing claims help show how readily unemployed workers are finding jobs.
Mortgage Bankers Association
MBA’s Weekly Applications Survey measures mortgage application activity for home purchases and refinances and reports average mortgage interest rates. The Purchase and Refinance Indexes help show how housing demand and refinance activity respond to changes in rates.
ADP’s weekly employment pulse uses anonymized payroll data to estimate changes in U.S. private-sector employment. It provides a frequent look at hiring trends between monthly employment reports.
Bureau of Economic Analysis
The monthly PCE Price Index measures changes in the prices of goods and services purchased by U.S. consumers. Headline PCE covers all categories, while core PCE excludes food and energy to help reveal underlying inflation trends.
Bureau of Labor Statistics
Nonfarm Payrolls / Employment Situation: The monthly Employment Situation report includes nonfarm payroll job gains or losses, the unemployment rate, wages and hours worked. It provides a broad view of the labor market and includes revisions to earlier payroll estimates.
Consumer Price Index (CPI): CPI measures changes in the prices urban consumers pay for a basket of goods and services. The monthly report includes overall inflation and core inflation, which excludes food and energy.
Producer Price Index (PPI): PPI measures changes in the selling prices received by domestic producers for goods and services. It tracks inflation from the producer’s perspective and helps identify pricing pressures across the economy.
U.S. Census Bureau
Durable Goods Orders: The durable goods report measures new orders, shipments and unfilled orders for manufactured products intended to last at least three years. It helps gauge demand for big-ticket goods and business investment, with transportation orders often causing large monthly swings.
New Home Sales: This monthly report estimates sales of newly built single-family homes, along with prices and the supply of homes available for sale. Sales are recorded when a contract is signed or a deposit is accepted, providing an early view of demand for new homes.
S&P Global
S&P Global’s PMI surveys track business activity, new orders, employment and prices across manufacturing and services. Readings above 50 generally signal improvement from the prior month, while readings below 50 signal deterioration.
Institute for Supply Management
ISM’s monthly manufacturing and services surveys track activity, new orders, employment and prices reported by supply management professionals. PMI readings above 50 generally indicate expansion in the surveyed sector, while readings below 50 indicate contraction.