- Refinancing loans fall sharply and purchase loan applications decline as well.
- Effective interest rate increases to two-month high.
- Average loan size falls sharply.
Introducing
Tom Moeller
in:Our Authors
Prior to joining Haver Analytics in 2000, Mr. Moeller worked as the Economist at Chancellor Capital Management from 1985 to 1999. There, he developed comprehensive economic forecasts and interpreted economic data for equity and fixed income portfolio managers. Also at Chancellor, Mr. Moeller worked as an equity analyst and was responsible for researching and rating companies in the economically sensitive automobile and housing industries for investment in Chancellor’s equity portfolio. Prior to joining Chancellor, Mr. Moeller was an Economist at Citibank from 1979 to 1984. He also analyzed pricing behavior in the metals industry for the Council on Wage and Price Stability in Washington, D.C. In 1999, Mr. Moeller received the award for most accurate forecast from the Forecasters' Club of New York. From 1990 to 1992 he was President of the New York Association for Business Economists. Mr. Moeller earned an M.B.A. in Finance from Fordham University, where he graduated in 1987. He holds a Bachelor of Arts in Economics from George Washington University.
Publications by Tom Moeller
by:Tom Moeller
|in:Economy in Brief
USA| Apr 22 2025U.S. Energy Prices Are Mixed in Latest Week
- Gasoline prices fall sharply again.
- Crude oil prices edge higher.
- Natural gas costs decline further.
by:Tom Moeller
|in:Economy in Brief
- Metals prices weaken broadly.
- Lumber & rubber prices fall.
- Crude oil prices remain soft.
by:Tom Moeller
|in:Economy in Brief
- Single-family starts plunge; multi-family weakens as well.
- Starts decline in West & South.
- Permits rise modestly after several months of decline.
by:Tom Moeller
|in:Economy in Brief
- Initial claims come in much lower than forecast.
- Continuing claims rise modestly.
- Insured unemployment rate is unchanged.
by:Tom Moeller
|in:Economy in Brief
USA| Apr 16 2025U.S. Retail Sales Surge in March
- Nonauto sales rise moderately.
- Motor vehicle & building materials drive sales overall.
- Gasoline sales decline despite higher prices.
by:Tom Moeller
|in:Economy in Brief
USA| Apr 16 2025U.S. Home Builder Index Improves in April
- Small increase follows two months of decline.
- Regional performance varies.
by:Tom Moeller
|in:Economy in Brief
- Index recovers piece of March weakening as orders, shipments & jobs edge higher.
- Pricing measures surge to three-year highs.
- Business expectations plummet.
by:Tom Moeller
|in:Economy in Brief
USA| Apr 15 2025U.S. Energy Prices Decline in Latest Week
- Gasoline prices reverse earlier gain.
- Crude oil prices plunge.
- Natural gas costs decline.
by:Tom Moeller
|in:Economy in Brief
USA| Apr 14 2025NABE Projects Moderate GDP Growth in 2026 & Slower Inflation
- Consumer & government spending growth slow next year.
- Business investment & housing pick up.
- Price inflation is forecast to moderate.
by:Tom Moeller
|in:Economy in Brief
- Both energy & food prices decline.
- Price gain in core goods remains firm.
- Services prices decline.
by:Tom Moeller
|in:Economy in Brief
USA| Apr 11 2025U.S. Housing Affordability Improves Slightly in February
- Home prices rise but mortgage rates decline.
- Median income improves.
- Affordability is mixed across the country.
by:Tom Moeller
|in:Economy in Brief
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