Analysis and Data
The 30-year mortgage dropped to 6.32%, lowest since mid-February.
Remote work, once thought temporary, becomes more popular, makes employees more productive
Rising mortgage rates could freeze buyers out later this year.
NAR's Pending Home Sales Index rose 0.8% in February.
The MBA's Market Composite Index increased 2.9% on a seasonally adjusted basis.
Pros, cons of the three ways mortgage companies get paid
Average one-year-ahead home-price growth expectations fell to 2.6%, the lowest reading since the survey began in 2014.
S&P CoreLogic Case-Shiller Index show prices fell -0.5% in January from a month earlier.
Older buyers are dominating the market, and changing how homes get purchased.
CIRT 2023-2 and CIRT 2023-3 transferred a combined $926 million of mortgage credit risk to private insurers and reinsurers.