Zillow Market Pulse: October 16, 2020
Retail sales were unexpectedly bright in September, but reports on the labor market and industrial sector painted a darker picture of the economy's health.
News
Mortgage Rates Stay Flat Even With Movement in Bond Market
Despite fluctuating Treasury yields, mortgage rates stay flat. Demand for mortgages is still very strong and many lenders appear to be keeping rates higher, in order to moderate the inflow of borrower requests and account for perceived risk.
Zillow Market Pulse: October 14, 2020
Mortgage application activity remains strong, but is starting to fade somewhat. And most consumer stimulus money from earlier this year was saved, not spent.
Zillow Market Pulse: October 12, 2020
Home buyers and business owners both are finding loans harder to get. And temporary -- but not permanent -- moves spiked in the early days of the pandemic.
Zillow Market Pulse: October 9, 2020
Consumer housing sentiment improved, but sellers are now more bullish than buyers. Forbearance participation is down, as is (unexpectedly) credit card debt.
Women More Likely to Face Housing Insecurity in Pandemic-Led Recession
Women are more likely than men to be unemployed, renters and caregivers as the pandemic grinds on, increasing their risk of becoming housing-cost burdened.
Mortgage Rates Hold Firm Despite Changes in Bond Market
Mortgage rates have held firm this week, despite notable changes in the bond market that typically would drive rate changes.
Zillow Market Pulse: October 7, 2020
Job openings data confirmed the evolving labor market slowdown narrative, and the abrupt stall of stimulus talks may force the Fed to take stronger actions.
Zillow Market Pulse: October 5, 2020
Mortgage delinquencies are down, but improvement is slowing. Steady U.S. rental data obscures troubling local trends. And the service sector is improving.
Zillow Market Pulse: October 2, 2020
The September jobs report showed the labor recovery is losing steam, unemployment is becoming more entrenched and some are being left behind.
