• Optimism Heading into 2020

    Sustained economic growth, low interest rates, and a robust labor market helped the U.S. housing market regain its footing in 2019. More

  • The Housing Market Continues to Stand Firm

    Investors were increasingly optimistic of a possible trade deal between the United States and China in October which relieved some of the downward pressure on Treasury yields. More

  • Housing Market Remains Strong While Economic Slowdown Looms

    September was the most volatile month for mortgage rates since the beginning of 2018 with an average week to week change of 11 basis points for the 30-year fixed rate mortgage. More

  • Housing to Remain Strong Heading into the Fall

    Though mortgage rates jumped in September, they remain down from where they were a year ago. The U.S. weekly average 30-year fixed-rate mortgage was 3.64% for the week ending September 26th, down 1.08 percentage points from a year earlier. More

  • Low Mortgage Rates, Strong Labor Market Fueling Housing Market

    The recent decline in mortgage rates stem from the on-going global trade disputes and weakening global economy, which have led to a drop in long term interest rates in most countries. Despite the negative impacts of trade and the deteriorating global economy, the domestic U.S. economy continues to grow and the three-year low in mortgage rates has poised housing to reaccelerate. More

  • Housing Market Sees Increased Momentum Due to Low Mortgage Rates

    During the last week of May, the 30-year fixed-rate mortgage dipped below 4.0% and has remained there amid concerns over trade disputes, a possible economic slowdown, and market anticipation of a Federal Reserve interest rate cut. More