Economic & Housing Research
Weekly Commentary and Economic Update
In contrast to the volatility in equity markets, the 10-year Treasury rate—a key driver of mortgage rates—varied just a little more than 10 basis points over the last week. As a result, the 30-year mortgage rate remained virtually unchanged, dropping 1 basis point to 3.85 percent. This marks the tenth consecutive week of a sub-4-percent mortgage rate. Despite persistently low mortgage rates, the pending home sales index dropped 1.4 percent in August, suggesting possible tempering in existing home sales in September.
>> Next Update: October 8
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.