Analysis and Data
Both 30-year and 15-year fixed rates rose more than 20 basis points.
Realtor.com report says home-price growth slowed to 0.9% year-over-year, as inventory growth slowed for third straight month.
Total residential loans drops nearly 20% as just 1.25m loans were originated.
Redfin report finds investors pumped the brakes due to high mortgage rates, low inventory.
The MBA's Market Composite Index fell 3.7% on a seasonally adjusted basis, the third-straight weekly decline.
Both FHFA, S&P CoreLogic Case-Shiller indexes show year-over-year, month-over-month increases.
Florida the most popular destination for relocating home-buyers.
Monthly housing payments hit a record high this week.
Monthly update for May forecasts mild recession starting in Q2.
The 15-year fixed rate also increased this week.