Mortgage spreads The improvement of the mortgage spreads in 2025 does not seem to get the attention it deserves because I believe that most people are not aware of it. The question could have been seriously suffered if the mortgage spreads were not improved compared to the worst levels of 2023. With extra rate reductions, […]
For now I believe it is a combination of things: lower mortgage interest, new list data that falls and frustrated home sellers who take their homes off the market, because they don’t get the price they wanted. In any case, one thing is certain: unless the mortgage interest rises again, we have probably already seen […]
10-year revenue and mortgage interest In my forecast of 2025 I expected the following series: Mortgage interest between 5.75% and 7.25% The 10-year yield fluctuates between 3.80% and 4.70% The return of 10 years this year between approximately 4.79% and 3.87% is fluctuated, taking into account the trade in that night’s range. In the meantime, […]
“Mortgage applications have fallen at their lowest level since May, with both purchase and refinancing activity that falls in the week. There is still a lot of uncertainty about the economy and the labor market, which weighs on the decisions of potential home buyers,” said Joel Kan, MBA’s vice -president and vice -headcurro. “The fixed […]
Weekly inventory data As I emphasized in 2025 and 2024, stock growth has been the best story in the housing while we switch from a wild unhealthy housing market to a normal. Some people were surprised by last week’s existing home sales report, which showed that the inventory of existing houses fell slightly. The Nonsense […]