Mortgage Rates Rise Slightly, But Look Poised to Remain Low for a While
Average mortgage rates rose slightly over the last seven days, but remain near all-time lows and don't look to be heading much higher any time soon.
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Zillow Market Pulse: May 26, 2020
April new home sales were unexpectedly strong, consumer sentiment is improving somewhat and industry isn't contracting as quickly as it was.
March Case-Shiller Results and April Forecast: Housing Maintains its Strength
The S&P CoreLogic Case-Shiller U.S. National Home Price Index® rose 4.4% year-over-year in March (non-seasonally adjusted), up from 4.2% in February.
Zillow Market Pulse: May 21, 2020
Existing home sales fell sharply in April, but not by as much as expected. In the same month, mortgage delinquencies almost doubled.
Mortgage Rates Fall to New Lows Amid Continued Uncertainty
Mortgage rates fell to new lows this week, as broad market uncertainty continues to keep downward pressure on rates.
Zillow Market Pulse: May 20, 2020
Purchase mortgage activity stayed strongs. More consumers are getting help with their credit card and auto loans, and corporate bond issuance is sky-high.
Zillow Market Pulse: May 19, 2020
Home construction fell sharply in April. The FHFA offered more clarity for borrowers in forbearance, but not all borrowers are equally protected.
Zillow Market Pulse: May 18, 2020
Homebuilder confidence rose somewhat in May, but remains deeply pessimistic. And consumer debt was on shaky ground even before the crisis.
Zillow Market Pulse: May 15, 2020
After falling off a cliff in March, retail sales fell off another, higher cliff in April. And mass layoffs in March led the early labor market decline.
Zillow Market Pulse: May 14, 2020
3.5 million more jobless claims were filed, foreclosure and eviction moratoriums were extended and different groups are adjusting spending differently.
