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
U.S. Housing Demand and Mortgage Delinquencies A strong recovery in housing demand, but an increase in mortgage delinquencies. The wealth gap is widening in the United States. Image: BofA
Housing – Mortgage Loan Applications to Purchase a Home in the U.S. Mortgage loan applications to purchase a home in the U.S. are back to pre-pandemic levels. Image: BofA Global Research
Housing – U.S. Median Famility Income to Mortgage Cost This chart suggests that relative to family incomes, buying a home in the U.S. is currently quite affordable by historical standards. Image: Gavekal, Macrobond
Delinquency – U.S. Unemployment Rate and Mortgage Loans Past Due The rising unemployment rate in the United States should increase the delinquency rate. Image: Oxford Economics
U.S. 10-Year Treasury Yield and Mortgages Rates U.S. treasury yields and mortgage rates aren’t following the usual pattern over the last 6 weeks (R² = 0.93). Image: Macrobond Financial
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
America’s Mortgage Debt by State The average mortgage debt per capita in the United States is $33.680. Image: howmuch.net
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