U.S. Pending Home Sales Rose 6.1% in March

Pending home sales jumped 9.8% in the South (including Florida) in March - leading all regions - as lower mortgage rates fueled strong spring homebuying activity.

Friendly, Stable Trend Continues For Mortgage Rates

It's now been more than a week since mortgage rates ended the day higher than the previous day.  And we haven't recovered quite as much lost ground as 10yr Treasury yields, we're getting pretty close to fully re-entering the narrow range that persisted before the April 2nd tariff announcement.&

U.S. Consumer Confidence Down

America’s confidence in the economy dropped to its lowest level since May 2020, impacted by concerns over tariffs and a possible slowdown in economic growth.

Home Prices Up in February

The U.S. Federal Housing Finance Agency’s House Price Index found home prices rose 0.1% in February nationwide and 3.9% from 2024.