Economic & Housing Research
Weekly Commentary and Economic Update
Market volatility – and the associated flight to quality – continued unabated this week. The yield on the 10-year Treasury dropped another 15 basis points, and the 30-year mortgage rate fell 7 basis points as well, to 3.72 percent. Both the Treasury yield and the mortgage rate now are in the neighborhood of early-2015 lows. These declines are not what the market anticipated when the Fed raised the Federal funds rate in December. For now, though, sub-4-percent mortgage rates are providing a longer-than-expected opportunity for mortgage borrowers to refinance.
>> Next Update: February 11
We provide information, data, analysis, and insight across a wide range of housing and economic indicators.
Our weekly survey shows the rates, fees, and points for the most popular mortgage products.
Every month we provide our Insights into current housing issues and our Outlook on the economy with special focus on the housing sector.
Our monthly look at the stability of the housing market for the nation, each state and the District of Columbia, and the top 100 metros.
Our quarterly review of house price values for the nation, each state and the District of Columbia, and 367 MSAs.
Our quarterly analysis shows the refinancing trends of borrowers who recently refinanced their home loans.