NEW Home Market for Month Ended: JANUARY 2023
COVID started in March 2020 and Mortgage rates declined to record lows of 3.00% between Oct 2020 thruFeb 2021. This
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COVID started in March 2020 and Mortgage rates declined to record lows of 3.00% between Oct 2020 thruFeb 2021. This
The number of EXISTING home sales continue to decrease as both home prices and mortgage rates increased but there is
INFLATION: The annual number reported each month is a combined string of 12 months of data, think of it as
For the week ending 2.9.23 Mortgage rates INCREASED 3bp to 6.35%.For a $100,000 loan the monthly payment INCREASED $2 to
For the week ending 2.2.23 Mortgage rates DECREASED 4bp to 6.32%. For a $100,000 loan the monthly payment DECREASED $3
Daily changes in the US 10 Year Treasury rates are the blue bars while the red line is the 14
COVID started in March 2020 and Mortgage rates declined to record lows of 3.00% between Oct 2020 thru Feb 2021.
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
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
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