Existing Home Market for Month Ended: DECEMBER 2022
The number of EXISTING home sales continue to decrease as both home prices and mortgage rates increased but there is
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The number of EXISTING home sales continue to decrease as both home prices and mortgage rates increased but there is
For the week ending 1.12.23 Mortgage rates DECREASED 15bp to 6.56%. For a $100,000 loan the monthly payment DECREASED $10
For the week ending 1.5.23 Mortgage rates INCREASED 6bp to 6.71%.For a $100,000 loan the monthly payment INCREASED $4 to
Daily changes in the US 10 Year Treasury rates are the blue bars while the red line is the 14
For the week ending 12.21.22 Mortgage rates DECREASED 4bp to 6.50%. For a $100,000 loan the monthly payment DECREASED $3
For the week ending 12.15.22 Mortgage rates DECREASED 2bp to 6.54%. For a $100,000 loan the monthly payment DECREASED $1
INFLATION Forecast: The annual CPI total reported each month is a combined string of 12 months of data, think of
Daily changes in the US 10 Year Treasury rates are the blue bars while the red line is the 14
For a $100,000 loan the monthly payment DECREASED $6 to $646/mo or $.20/day. Lending Rates and Borrowing Cost While mortgage
For the week ending 11.23.22 Mortgage rates DECREASED 3bp to 6.81%. For a $100,000 loan the monthly payment DECREASED $3
The number of EXISTING home sales continue to decrease as both home prices and mortgage rates increased but there is
The Consumer Price Index (CPI) for October was released 11.10.22 and the year-over-year total decreased from 8.2% to 7.7%—it was
In order to produce the below bar/line graphic, one needs matched quarterly and annual data points. It really tells a
Mortgage rates increased from 7.17% to 7.28% on 10.27.22 Spread of Mortgage to 10 Year Treasury is now 332bp which
Unemployment claims are available each WEDNESDAY. They have been increasing since the Fed announced its intention to increase interest rates