Mortgage Rates Archive

REALTORS® Report Improvement in Most Markets in January 2015

Local markets broadly picked up across all property types in January 2015 compared to December 2014, although activity was more modest compared to a year ago, according to the January 2015 REALTORS® Confidence Index Survey. The indexes for the...

November 2014 Housing Affordability Index

At the national level, housing affordability is down from a year ago for the month of November as higher prices make it less affordable to purchase a home despite the lowest mortgage rates in the last 16 months. •...

Low Interest Rates

Interest rates tend to be very low when there are problems and desperations in the economy.  The economy in the meantime has moved into higher gear.  GDP is expanding robustly and jobs are coming around nicely.  But the overall...

The Latest on Consumer Inflation

Lower gasoline prices are contributing to low overall consumer price inflation.  Low inflation in turn means interest rates can continue to remain at rock bottom rates.  However, one weighty component in consumer prices shows an accelerating trend:  namely, rents...

Inflation and Mortgage Rates

There is no consumer price inflation to speak of – as of yet.  Even the expectation of future inflation rates remains low.  This is the key reason as to why mortgage rates remain at historically low rates and why...