Housing demand positive, but at risk from higher mortgage rates
Our weekly pending contract data is still positive, but only by 1%, as demand growth has slowed amid higher mortgage rates.
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Has spring housing demand already started?
I believe that spring demand actually started in November this year. — a trend that’s been evident in rising sales data.
The biggest mortgage rate stories of 2024
2024 was a disappointing year for those looking forward to a Fed rate cut cycle and what that could do to mortgage rates. Here’s a recap!
Rising inventory is the most positive housing market story in 2024
The most positive development in the housing market over 2024 has been the increase in active housing inventory,
Housing market data positive despite Powell’s Grinch act
Fed Chairman Jerome Powell played the Grinch last week, but there are plenty of positive signals in the housing market data headed into 2025.
Housing demand resilient even with higher mortgage rates
Despite higher mortgage rates last week, housing demand is displaying some festive resilience as we are seeing a seasonal bounce.
Housing demand still showing double-digit growth
Last week, we witnessed a Santa Claus rally in mortgage rates amid improved housing demand. What will happen in the next few weeks?
Will we see a Santa Claus rally in mortgage rates?
Despite initial concerns that tariffs would push mortgage rates up to 8%, this week has brought some encouraging news.
How are mortgage rates affecting housing demand?
It has been almost two months since mortgage rates spiked again, and my initial thought was this would tank housing demand.
Mortgage rates dodge a bullet — for now
Last week we were at risk of breaking a key level in the bond market, which could have sent mortgage rates much higher.