Mortgage spreads are almost back to normal
In a week marked by wild headlines, mortgage rates remained relatively calm, thanks to improvements in mortgage spreads.
Purchase Applications
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Housing inventory actually fell last week. What is going on?
The Housing Market Tracker shows housing inventory decreased last week, while purchase application data grew 25% year-over-year.
Why mortgage purchase apps are on a 22-week growth streak
Purchase apps for existing homes have had 22 weeks of year-over-year growth, including nine weeks of double-digit year-over-year growth.
Have slightly lower mortgage rates stabilized the housing market?
With all the Fed drama last week, the 10-year yield declined and mortgage rates fell to 6.72%. This small move helped stabilize the market.
New listings slowdown shows lack of home seller stress in 2025
during the years of the housing bubble crash, new listings were soaring between 250,000 and 400,000 per week for many years.
Elevated mortgage rates aren’t discouraging homebuyers
Housing demand continues to hold up despite elevated mortgage rates, trade war uncertainty and terrible consumer confidence data.
New listings slump. Have home sellers already called it quits?
New listings have finally emerged from a two-year slump, but we may have already hit the seasonal peak. Are home sellers done for the year?
Mortgage rates unfazed by crazy economic headlines
Mortgage rates remained relatively stable last week, which is a stark contrast to the madness caused by the Godzilla tariffs a few weeks ago.
Better mortgage spreads boost housing demand in 2025
The improvement in mortgage spreads since 2023 has contributed to a noticeable positive trend in purchase application data for 2025.
Mortgage demand still staying firm with elevated rates
As the spring home-buying season winds down, the demand for mortgages is holding steady, even with the higher rates.