The month-over-month progress is welcome news for a housing market that has struggled to gain momentum. What could be driving the uptick in sales activity?
Tag: Odeta Kushi
U.S. Adds 303,000 Jobs in March
Total nonfarm payroll employment grew by 303,000 in March, per the U.S. Bureau of Labor Statistics.
October Housing Starts Exceed Expectations
Housing starts rose in October to a seasonally adjusted annual rate of 1.37 million, exceeding the consensus expectation of 1.35 million.
Pending Home Sales Tumble
Pending home sales slid 7.1% in August, the National Association of Realtors reported Thursday.
Pending Home Sales Tumble
Pending home sales slid 7.1% in August, the National Association of Realtors reported Thursday.
Odeta Kushi from First American: Mind the Gap Between Mortgage Rates and the 10-Year Treasury Yield
The popular 30-year fixed mortgage rate is loosely benchmarked to the 10-year Treasury bond. Since the end of the Great Recession, the 30-year fixed mortgage rate has on average remained 1.7 percentage points higher than the 10-year Treasury bond yield. Yet, this spread is not always consistent.
Odeta Kushi from First American: Mind the Gap Between Mortgage Rates and the 10-Year Treasury Yield
The popular 30-year fixed mortgage rate is loosely benchmarked to the 10-year Treasury bond. Since the end of the Great Recession, the 30-year fixed mortgage rate has on average remained 1.7 percentage points higher than the 10-year Treasury bond yield. Yet, this spread is not always consistent.
Odeta Kushi from First American: Mind the Gap Between Mortgage Rates and the 10-Year Treasury Yield
The popular 30-year fixed mortgage rate is loosely benchmarked to the 10-year Treasury bond. Since the end of the Great Recession, the 30-year fixed mortgage rate has on average remained 1.7 percentage points higher than the 10-year Treasury bond yield. Yet, this spread is not always consistent.
April Housing Starts Up 2.2%
Housing starts posted a modest increase in April, the Census Bureau and HUD reported Wednesday.
April Employment Beats Expectations
The U.S. economy added 253,000 jobs in April, and the unemployment rate fell again to match a 53-year low, beating analyst expectations, the Bureau of Labor Statistics reported Friday.