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
U.S. Mortgage Rates vs. House Price Growth (Leading Indicator) Historically, rising mortgage rates tend to cool house prices. Image: 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
Housing – U.S. Existing Home Sales and 30-Year Mortgage Rate This chart shows the correlation between U.S. existing home sales and the 30-year mortgage rate (inverted), and suggests further improvements in sales. Image : Piper Sandler Companies
U.S. Mortgage Rates and New Home Sales The decline in mortgage rates has given a strong boost to new home sales. Image: Macrobond
U.S. Monthly Average 30-Year Fixed Mortgage Rates Keep in mind that mortgage costs are influenced by the 10-year Treasury yield. 30-year mortgage rates = 1.739 x (10-year treasury yield)² + 0.7755 x (10-year treasury yield) + 0.0227(R² = 0.9787) You may also like “30-Year Mortgage Rates vs. 10-Year Treasury Yield.” Image: Leonard Kiefer
30-Year Mortgage Rates vs. 10-Year Treasury Yield There is a very high correlation between the 30-year mortgage rates and the 10-year treasury yield 30-year mortgage rates = 1.739 x (10-year treasury yield)² + 0.7755 x (10-year treasury yield) + 0.0227 R² = 0.9787 Image: Calculated Risk