Mortgage-Backed Securities (MBS) Fund Flows Record inflows into mortgage-backed securities over the past week highlight the growing interest in this asset class among investors. Image: BofA Global Investment Strategy
Housing Market – U.S. Home Purchase Mortgage Applications Concerns arise over the U.S. housing market as mortgage applications reach their lowest point in almost three decades, Image: BofA Global Investment Strategy
U.S. ISM Manufacturing Index vs. U.S. 30-Year Mortgage Rate YoY Change The U.S. 30-year mortgage rate YoY change tends to lead the U.S. ISM Manufacturing Index by 19 months. Image: UnderOrion and Macrobond
Mortgage Rates – Bankrate 30-Year Mortgage Rate Historically, rising mortgage rates tend to cool the real estate market. Image: BofA Global Research
MBA U.S. Mortgage Market Index U.S. mortgage demand is falling as interest rates rise. Image: BofA Global Investment Strategy
U.S. Mortgage Rates vs. House Price Growth (Leading Indicator) Historically, rising mortgage rates tend to cool house prices. Image: Macrobond
ISM Manufacturing PMI vs. Mortgage Servicing Costs (Leading Indicator) Mortgage servicing costs tend to lead the U.S. ISM Manufacturing PMI by 12 months. Image: Topdown Charts
Valuation – S&P 500 Forward P/E and U.S. Real 30-Year Mortgage Lending Rate Should investors expect U.S. equity valuations to fall? Image: Nordea and Macrobond
U.S. 30-Year Fixed Mortgage Rates With Treasury yields rising, are ultra-low mortgage rates over? Image: BofA Global Research
U.S. Housing Market and 30-Year Mortgage Rate Mortgage rates hit new low, contributed to the boom in the U.S. housing market. Image: BCA Research
U.S. 30-Year Mortgage Rates vs. 10-Year U.S. Treasury Yield U.S. 30-year mortgage rates have fallen to record low, but remain elevated relative to the 10-year U.S. Treasury yield. Image: Goldman Sachs Global Investment Research