Early Data Point to U.S. Housing Slowdown in Coming Weeks
Initial data suggest housing was on solid footing prior to the U.S. coronavirus outbreak – but the strength of that foundation is being severely tested.
Early Data Point to U.S. Housing Slowdown in Coming Weeks
Initial data suggest housing was on solid footing prior to the U.S. coronavirus outbreak – but the strength of that foundation is being severely tested.
February Existing Home Sales: One Last Show of Strength
Existing home sales recorded their strongest release since February 2007 -- coincidentally, just before the last major economic drop-off.
Mortgage Rates Jump, Driven by Market Volatility & Stress
Mortgage rates jumped sharply this week, driven by volatility and underlying stresses in the broader markets that weakened demand for government debt.
February Housing Starts: Calm Before the Storm
An upward revision to January data could indicate that builders were in a rush to get some projects off the ground before the coming coronavirus storm.
Mortgage Rates Move Up in Face of Robust Refi Demand
Somehow, some way, mortgage rates actually moved higher this week, touching their highest level in almost a month.
Coronavirus Fears Push Mortgage Rates to 7-Year Lows
Mortgage rates fell to new lows this week, as fears of further, unchecked spread of the coronavirus kept investors and the Fed in search of safety.
Mortgage Rates Continue to Fall Amid Mounting Coronavirus Fears
Mortgage rates fell further this week, nearing their lowest levels since 2013 as fresh fears over the coronavirus outbreak sent investors sprinting to safer assets.
January New Home Sales: Starting on the Right Foot
January new home sales rose 7.9% from December and 18.6% from a year ago, to 764,000 (SAAR), according to the U.S. Census Bureau.
December Case-Shiller Results & January Forecast: Back on the Gas
The final Case-Shiller reading of 2019 confirmed that a reacceleration of home price growth has begun, after a year on the downswing.
Ongoing Coronavirus Uncertainty Pushes Mortgage Rates Down
Mortgage rates fell this week, as fallout from the coronavirus outbreak continued to keep investors on their heels.
