Will war with Iran send mortgage rates higher or lower?
Mortgage rates ended last week at 5.99% as the 10-year hit a 2026 low, but now we have a new variable: war with Iran.
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Weekly pending home sales back to year-over-year growth as we head into spring
Last week, pending home sales rose 4.6% year over year, inventory reached 700,259 and mortgage rates held near 6%.
Housing demand snaps back as mortgage rates near 6%
Housing demand rebounded as snow effects faded, pending sales and new listings rose, and price cuts fell 1% with rates at 6.04%.
Housing inventory and new listings show impact of winter weather
Severe winter weather led to a week-over-week decline in housing inventory and new listings, with purchase applications also down.
Housing demand is still positive even with epic snowstorm
Despite a major snowstorm and Fed news, housing data stayed positive as mortgage rates held near 6% and purchase apps rose 18% year over year.
Lower mortgage rates boosting demand early in 2026
Mortgage rates near 6% are driving higher home sales and applications, with inventory and new listings also rising in 2026.
Why did the growth rate of housing inventory drop by half this year?
Housing inventory growth slowed from over 30% to 13.54% in 2025 as new listings and sales trends shifted late in the year.
Weekly housing demand reaches multiyear high
Weekly pending home sales reach multiyear highs as mortgage rates stay near 6% and inventory growth slows.
Total pending home sales reach multiyear high with mortgage rates near 6%
This year we have benefited from mortgage rates remaining below 6.64% for the last 16 weeks, spurring total pending home sales.
Housing inventory falls as demand picks up
The growth rate of housing inventory has slowed by half, but remains up year over year for a healthier market.