This week’s chart shows the narrowing of the spread between the 30-year fixed mortgage rate and the 10-year Treasury yield–from a high of 208 basis points in September to 183 basis points at the end of December.
Tag: Joel Kan
MBA Chart of the Week: 30-Year Fixed Mortgage vs. 10-Year Treasuries
This week’s chart shows the narrowing of the spread between the 30-year fixed mortgage rate and the 10-year Treasury yield–from a high of 208 basis points in September to 183 basis points at the end of December.
MBA Chart of the Week: Homeowner Equity in Real Estate
In the third quarter, homeowners’ equity in real estate reached $18.7 trillion–continuing a run of consecutive quarterly increases dating back to 2012.
Mortgage Applications Down in MBA Weekly Survey
Mortgage applications fell from one week earlier as key interest rates hovered just under 4 percent, the Mortgage Bankers Association reported this morning in its Weekly Mortgage Applications Survey for the week ending December 13.
MBA: November Builder Applications Survey Up 27% from Year Ago; Down 17% from October
Mortgage applications for new home purchases increased 27.1 percent in November compared to a year ago, the Mortgage Bankers Association’s Builder Applications Survey reported Thursday.
November New Home Purchase Mortgage Applications Increase 27% YoY
Mortgage applications for new home purchases increased 27.1 percent compared to a year ago, the Mortgage Bankers Association Builder Applications Survey for November reported this morning.
Applications Increase in MBA Weekly Survey
Mortgage applications increased 3.8 percent from one week earlier, the Mortgage Bankers Association reported this morning in its Weekly Mortgage Applications Survey for the week ending December 6, 2019.
November Hiring Defies Expectations
Total nonfarm payroll employment rose by a better-than-expected 266,000 in November, the Bureau of Labor Statistics reported Friday.
November MBA Mortgage Credit Availability Index Up 2.1%
Mortgage credit availability rose for the third straight in November, according to the Mortgage Bankers Association’s Mortgage Credit Availability Index.
Mortgage Applications Dip in MBA Weekly Survey
Mortgage applications fell last week from one week earlier, even as key interest rates held below 4 percent, the Mortgage Bankers Association reported this morning in its Weekly Mortgage Applications Survey for the week ending November 29.