An often misguided premise I see on social media is that lower mortgage rates are doing…
Tag: Housing Market Tracker
Can mortgage rates go even lower?
If we took the worst levels of the spreads from 2023 and incorporated those today, mortgage…
Housing inventory falls as mortgage rates drop
Have we seen the peak in housing inventory for 2024? The best part about 2024 has…
New listings have peaked for 2024: It’s the second-lowest year on record
Here are the number of listings for last week over the previous several years: 2024: 68,407…
Mortgage rates head lower, helped by better mortgage spreads
If we took the worst levels of the spreads from 2023 and incorporated those today, mortgage…
The housing market is better positioned for lower mortgage rates
Weekly housing inventory data While inventory growth this week slowed to 6,803 — well below my…
New listings data is growing and prices still aren’t crashing
New listings data The seasonal peak period is in, and we don’t even see the extra…
Is mortgage demand really picking up?
Purchase application data When mortgage rates fell more than 1% lower in late 2022 and 2023,…
Can mortgage rates keep falling? Job market data is key
10-year yield and mortgage rates After the intense jobs week data, we ran straight into CPI…
How much longer will we have to deal with higher mortgage rates?
After last week’s jobs week, everything gets more intriguing as each month passes. The labor market…