Existing Home Market Report for Month Ended March 2023: Sales Down 2% Over Prior Month
The number of existing home sales increased as mortgage rates decreased between December and February. Homes for sale continue to
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The number of existing home sales increased as mortgage rates decreased between December and February. Homes for sale continue to
For the week ending 4/20/23, mortgage rates increased 12bp to 6.62%. For a $100,000 loan, the monthly payment increased $8
For the past two weeks, the 10-Year Treasury rates have increased by 24bp, with an additional increase of 9bp in
For the past two weeks, 10-year Treasury rates have been down by 10bp but increased by 15bp in the past
For the week ending 4.13.23, mortgage rates decreased 1bp to 6.50%. For a $100,000 loan, the monthly payment decreased by
The CPI and PCE are both inflation measurements, and both have units of percent. It istempting to subtract one from
Inflation: As reported on 4.12.23, March 2023 had a projected vs Actual. Looking forward to April’s CPI, which is set
For the past two weeks, 10-year Treasury rates have been down by 8bp and down by 25bp in the past
For the week ending 4/6/23, mortgage rates decreased by 4 bp to 6.51%. For a $100,000 loan, the monthly payment
For the past two weeks, 10-year Treasury rates have been down 1bp. The market is unsettled due to the significant
The number of existing home sales increased as mortgage rates decreased between December and February. However, the supply of homes
Inflation forecast: The annual CPI total reported each month is a combined string of 12 months of data. Think of
For the week ending 3.2.23 Mortgage rates INCREASED 15bp to 6.88%. For a $100,000 loan the monthly payment INCREASED $10
WATSONVILLE—Watsonville’s newest residential development broke ground on Feb. 17, nearly five years after it was originally approved by the city
The number of EXISTING home sales continue to decrease as both home prices and mortgage rates increased but there is