Mortgage Rates Archive

Mortgage Application Data (June 24th, 2015)

This blog post was written by La Shawn Skeete. La Shawn is a Summer Research Intern, and is currently studying at The University of Maryland, College Park pursuing a degree in Economics.  Seasonally adjusted mortgage loan applications increased 1.6% from the week ending...
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June 26, 2015

Foot Traffic Points to Summer Strength

Foot traffic is a strong indicator of the demand for housing and is a leading indicator of home sales.  Every month, NAR publishes data on foot traffic as measured by the number of times SentriLock lock boxes are opened. ...

Latest Consumer Price Inflation (May 2015)

There is no inflation in the latest data.  However, prepare for higher inflation and likely higher mortgage rates later in the year because the impact of non-inflationary pressure from low gasoline prices will have mostly dissipated by November.  Specifically,...

REALTORS’® Are Generally Upbeat About State Outlook in Next Six Months

REALTORS® remained generally confident about the outlook for all property types in the next six months, according to the April 2015 REALTORS® Confidence Index Survey [1]. The April 2015 report is based on the responses of 2,012 REALTORS® about...

66 Percent of First-time Home Buyers Make a Low Down Payment

Based on information gathered from the REALTORS® Confidence Index Survey in the months of December 2014–February 2015, 66 percent of first-time homebuyers made a down payment of 0 to 6 percent. [1] Although this is a decline from the...