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Will we see a Santa Claus rally in mortgage rates?

November 30, 2024 by bp56691
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.
Categories Housing Inventory, Housing Market, Housing Market Tracker, Mortgage Rates, Purchase Applications

How are mortgage rates affecting housing demand?

November 23, 2024 by bp56691
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.
Categories Housing Demand, Housing Inventory, Housing Market, Housing Market Tracker, Mortgage Rates, Purchase Applications

Mortgage rates dodge a bullet — for now

November 16, 2024 by bp56691
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.
Categories Housing Inventory, Housing Market, Housing Market Tracker, Mortgage Rates, Purchase Applications

Housing inventory drops noticeably on election week

November 10, 2024 by bp56691
Housing inventory drops noticeably on election week
Last week, we saw a noticeable decline in both active inventory and new listings for election week. Is this just the normal seasonal decline?
Categories Housing Inventory, Housing Market, Housing Market Tracker, Mortgage Rates, Purchase Applications
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