Forecast & Outlook
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Forecast | December 23, 2019
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
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Forecast | November 27, 2019
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
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Forecast | October 31, 2019
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
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Forecast | September 30, 2019
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
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Forecast | August 28, 2019
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
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Forecast | July 30, 2019
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