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Spring housing market gets more inventory – HousingWire

Active weekly housing inventory growth slowed slightly last week, but it’s still running at a healthier clip than in 2023. I have a simple model with mortgage rates being above 7.25%: weekly inventory data should grow between 11,000-17,000 per week….

Will a wider war in the Middle East push mortgage rates higher or lower? – HousingWire

10-year yield and mortgage rates There is nothing good to report on mortgage rates from last week. The chart below shows that we broke the critical technical level on the 10-year yield (marked with a red line). The CPI data,…