Today’s podcast discusses the recent move lower in mortgage rates and its impact on the purchase application data over the last four weeks. I also stress that people must track forward-looking housing data if mortgage rates keep falling. This didn’t occur last year when rates fell from November to the first week of February.
https://www.housingwire.com/podcast/logan-mohtashami-lower-mortgage-rates-are-boosting-demand/
For those who prefer a YouTube channel, HousingWire has its YouTube channel, and both podcasts each week will be there now.
https://www.youtube.com/watch?v=dJZ78HRGiz4
Every weekend for HousingWire, we bring out the weekly HousingWire Tracker report, where I take a deep dive into the current and forward-looking housing data lines so you can be up to date with the data lines that matter in housing. If you would like to join HW Plus to have access to the tracker, please use my LoganVIP20 code.
https://www.housingwire.com/articles/what-will-lower-mortgage-rates-do-to-spring-housing-inventory/
“Keep your face always toward the sunshine and shadows will fall behind you” Walt Whitman
Logan Mohtashami is a Lead Analyst for Housing Wire, a financial writer, and a blogger covering the U.S. economy with a specialization in the housing market. Logan Mohtashami, now retired, spends his days and nights looking at charts and nothing else.