Browsing Posts In: Mortgage Rates

January 5, 2017 Posted by: Lawrence Yun, PhD., Chief Economist and Senior Vice President

Mortgage rates have risen since the election of Donald Trump, from 3.5% to the recent 4.2%. Bond investors are perceiving an economic stimulus package to uplift the economy. More business activity, greater commerce, and faster job growth are certainly good news, which thereby also no longer justifies the ultra-low interest rate environment of the past […]

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December 9, 2016 Posted by: Michael Hyman, Research Data Specialist

At the national level, housing affordability is up from a year ago for the fourth consecutive month. Mortgage rates dipped and stood at 3.76 this October but they are already higher for current home shoppers. Housing affordability increased from a year ago in October moving the index up 0.5 percent from 169.4 to 170.2. The […]

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Posted by: Michael Hyman, Research Data Specialist

At the national level, housing affordability is up from a year ago for the fourth consecutive month. Mortgage rates dipped and stood at 3.76 this October but they are already higher for current home shoppers. Housing affordability increased from a year ago in October moving the index up 0.5 percent from 169.4 to 170.2. The […]

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November 15, 2016 Posted by: Danielle Hale, Director of Housing Statistics

Bond Yields and Mortgage Rates are Moving Up This week has been an eventful one for bond markets. Just before the election, ten-year yields began to increase from the 1.8 percent yield they had held somewhat consistently in the second half of October. As of yesterday’s close, ten-year yields are now over 2.2 percent. Mortgage […]

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Posted by: Danielle Hale, Director of Housing Statistics

Bond Yields and Mortgage Rates are Moving Up This week has been an eventful one for bond markets. Just before the election, ten-year yields began to increase from the 1.8 percent yield they had held somewhat consistently in the second half of October. As of yesterday’s close, ten-year yields are now over 2.2 percent. Mortgage […]

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August 21, 2015 Posted by: NAR

This blog post was written by La Shawn Skeete. La Shawn is a Summer Research Intern, and is currently studying at The University of Maryland, College Park pursuing a degree in Economics. Seasonally adjusted mortgage application volumes increased 3.6% from the week ending August 7th and are 20.2% higher than this time last year. Seasonally […]

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August 14, 2015 Posted by: NAR

This blog post was written by La Shawn Skeete. La Shawn is a Summer Research Intern, and is currently studying at The University of Maryland, College Park pursuing a degree in Economics. Seasonally adjusted mortgage application volumes increased only 0.1% from the week ending July 31st and are 17.7% higher than this time last year. […]

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August 7, 2015 Posted by: NAR

This blog post was written by La Shawn Skeete. La Shawn is a Summer Research Intern, and is currently studying at The University of Maryland, College Park pursuing a degree in Economics. Seasonally adjusted mortgage application volumes increased 4.7% from the week ending July 24th and are 14.5% higher than this time last year. Seasonally […]

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June 26, 2015 Posted by: NAR

This blog post was written by La Shawn Skeete. La Shawn is a Summer Research Intern, and is currently studying at The University of Maryland, College Park pursuing a degree in Economics.  Seasonally adjusted mortgage loan applications increased 1.6% from the week ending June 12th and 10.5% when compared to this time last year. Seasonally adjusted applications for purchase […]

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June 18, 2015 Posted by: Lawrence Yun, PhD., Chief Economist and Senior Vice President

There is no inflation in the latest data.  However, prepare for higher inflation and likely higher mortgage rates later in the year because the impact of non-inflationary pressure from low gasoline prices will have mostly dissipated by November.  Specifically, consumer price inflation was unchanged in May over the past 12 months.  The rising prices of […]

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