U.S. Mortgage Rates and New Home Sales
U.S. Mortgage Rates and New Home Sales The decline in mortgage rates has given a strong boost to new home sales. Picture source: Macrobond
Search Results for: mortgage rate
U.S. Monthly Average 30-Year Fixed Mortgage Rates
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.” Picture source: Leonard Kiefer
30-Year Mortgage Rates vs. 10-Year Treasury Yield
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 Picture source: Calculated Risk
US Long-Term Mortgage Rates Decline: 30-Year Average 4.10% & 15-Year Average 3.57%
US Long-Term Mortgage Rates Decline: 30-Year Average 4.10% & 15-Year Average 3.57% Why US long-term mortgage rates decline? Mortgage costs are influenced by the 10-year Treasury yield which was lower this week, because the trade war between the United States and China pushes investors moving money from stocks to bonds. Bond yields fall as prices rise.…
What Are the Average Interest Rates for Fixed-Rate Mortgages Since the Great Recession?
What are the Average Interest Rates for Fixed-Rate Mortgages Since the Great Recession? Keep in mind that mortgage lending is down, because there aren’t enough houses on the market to meet demand and the increase in rates does not help either since 2017. However, the decline in interest rates since the end of 2018, helps…
Delinquency Rate of Student Loans since 2003
Delinquency Rate of Student Loans since 2003 The delinquency rate of student loans is higher than credit card delinquency, auto loans and mortgages. The main reason is that the interest rate on student loans can be very high. Picture source: Federal Reserve Bank of New York
U.S. Total Home Sales
U.S. Total Home Sales This year, lower mortgage rates could boost U.S. home sales in the fourth quarter. Picture source: Leonard Kiefer
U.S. Existing Homes Sales
U.S. Existing Homes Sales Existing-home sales fell 1.7% in June and have been disappointing, while mortgage rates have fallen. Picture source: The Wall Street Journal
