Analysis and Data

Despite below-expected growth, Fed still expected to raise interest rates.

A summary and review of key economic data that affects the mortgage and real estate business.

30-year fixed (6.81%) and 15-year fixed (6.24%) reach highest levels since Nov. 10 last year.

Ratings service says they are well-positioned to handle liquidity and funding challenges.

MBA says applications down 4.4% last week after 2 straight increases, as the 30-year mortgage rate rose.

The 30-year fixed mortgage rate averaged 6.71% this week.

NAR says housing market remains resilient, with approximately 3 offers for each listing.

Median price is down just 0.9% YOY, the smallest decline in nearly four months. 

In April, just 2.8% of all U.S. mortgages were in some stage of delinquency.