• Forecast | July 30, 2019

    Housing Market Sees Increased Momentum Due to Low Mortgage Rates

    During the last week of May, the 30-year fixed-rate mortgage dipped below 4.0% and has remained there amid concerns over trade disputes, a possible economic slowdown, and market anticipation of a Federal Reserve interest rate cut. More

    Table chart of Forecast: June 2019 Snapshot
  • Forecast | June 17, 2019

    Housing Market Expected to Realize the Positive Impacts of Low Mortgage Rates in 2019

    Concern about future world economic growth and uncertainty around trade and monetary policy have put downward pressure on interest rates. As of the first week of June, the U.S. weekly average 30-year fixed mortgage rate was 3.82%, the lowest since September of 2017. More

    Table chart of Forecast: June 2019 Snapshot
  • Forecast | May 15, 2019

    A Steadily Growing Housing Market

    After increasing throughout April, mortgage rates declined at the start of May. The combined positive impact of low mortgage rates, a strong labor market, low unemployment, and modest wage growth supports our forecast for a steadily growing housing market in 2019. More

    Table chart of Forecast: May 2019 Snapshot
  • Forecast | April 29, 2019

    Low Mortgage Rate Environment Supports Continued Housing Market Growth

    Mortgage interest rates saw a drastic decline at the end of March and have remained near the same level since then. Furthermore, the job market continues to show signs of strength, and wage growth has been increasing moderately. More

    Table chart of Forecast: April 2019 Snapshot
  • Forecast | March 22, 2019

    Mortgage Market Expected to Hold Steady

    Mortgage interest rates have been steadily declining since the start of 2019. These lower mortgage interest rates combined with a strong labor market should attract prospective homebuyers this spring and could help the housing sector regain its momentum later in the year. More

    Table chart of Forecast: March 2019 Snapshot
  • Forecast | February 28, 2019

    Mortgage Market Expected to See Modest Growth in 2019

    After peaking last fall, mortgage interest rates have fallen at the start of 2019. As of the week of February 14, 2019, the 30-year fixed-rate mortgage rate was down from a year ago. The decline in mortgage interest rates could provide some welcome relief to a housing market that is looking to regain momentum. More

    Table chart of Forecast: February 2019 Snapshot

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