US Housing Market Chart Pack Housing market makes steady start to year Housing market activity has been stable since the start of the year. Mortgage applications for home purchase and mortgage interest rates are more-orless where they were in December, as are existing... 10th April 2017 · 1 min read
US Housing Market Chart Pack Drop in mortgage rates will prove temporary Strong employment growth and an expectation that the Fed will hike interest rates at its March meeting have pushed up Treasury yields, meaning that the recent drop in mortgage rates will be short... 13th March 2017 · 1 min read
US Housing Market Chart Pack Housing market resilient in face of rising interest rates Mortgage applications for home purchase held up in January, even as mortgage rates resumed their upward trend. However, inventory shortages are weighing on home sales. The number of existing single... 7th February 2017 · 1 min read
US Housing Market Chart Pack House price growth on the rise Housing demand was given a short-term boost following Trump’s win, as some buyers brought forward a planned purchase in order to secure a low mortgage rate before they increased further. But with the... 9th January 2017 · 1 min read
US Housing Market Chart Pack Mortgage rates on the rise following Trump win Trump’s win, and the expected fiscal stimulus that it will generate, has led to a sharp rise in 10-year Treasury yields. In turn, the 30-year fixed mortgage rate has increased to its highest level... 5th December 2016 · 1 min read
US Housing Market Chart Pack Housing market activity constrained by low inventory Mortgage applications for both refinance and home purchase have been on a steady downward trend since mid-September. The drop in refinancing can be attributed to rising mortgage interest rates, as... 7th November 2016 · 1 min read
US Housing Market Chart Pack Tight market conditions drive up house prices A contraction in existing home sales, for the second consecutive month in August, failed to prevent a further decline in inventory levels. That lack of inventory is acting to constrain housing market... 11th October 2016 · 1 min read
US Housing Market Chart Pack Market conditions tighten further A lack of inventory continues to drive developments in the housing market. The number of existing homes for sale dropped below 2 million in July, its lowest level in 15 years. Meanwhile, a surge in... 6th September 2016 · 1 min read
US Housing Market Chart Pack Brexit’s impact is already fading The impact of Brexit on the housing market has been short-lived and minimal. A widening in spreads meant that mortgage rates did not fall as far as Treasury yields, which have in any case since... 10th August 2016 · 1 min read
US Housing Market Chart Pack Brexit will have limited impact on housing market The shock decision by UK voters to leave the European Union is being felt in the mortgage market. The subsequent sharp drop in 10-year Treasury yields has helped mortgage rates down to close to record... 14th July 2016 · 1 min read
US Housing Market Chart Pack Home sales finally making some headway After treading water since the start of 2015, new home sales finally made some headway in April with the largest month-on-month rise since 1992. While that rate of growth is unsustainable, it provides... 6th June 2016 · 1 min read
US Housing Market Chart Pack Buyers continue to outnumber sellers Demand for homes is rising thanks to mortgage rates that are close to record lows and an improving labour market. Mortgage applications for home purchase in April were at their highest level since... 11th May 2016 · 1 min read
US Housing Market Chart Pack Housing demand on the up The demand for homes is on the rise. With mortgage affordability very favourable, jobs being created at a decent pace and banks loosening credit criteria, it is no surprise that mortgage applications... 6th April 2016 · 1 min read
US Housing Market Chart Pack Mortgage interest rates drop back to under 4% The turmoil in financial markets during February led to a flight to safe assets which pushed the 10-year Treasury yield down to 1.78%, its lowest level since early 2013, and also led to a drop in... 7th March 2016 · 1 min read
US Housing Market Chart Pack Sales bounce back following TRID disruption After collapsing in November, existing home sales bounced back in December. That volatility was caused by the introduction of TRID disclosure requirements, which pushed some sales from November into... 8th February 2016 · 1 min read
US Housing Market Chart Pack Housing market well placed to withstand Fed hike The housing market should be able to withstand the first rise in interest rates for nine years. Mortgage applications for home purchase in December were at their highest level in almost six years. And... 11th January 2016 · 1 min read
