Understanding the Market

Market Pulse Survey • For the 37% of properties selling below asking price, the average percentage paid below asking price decreased to 12% from 13% last month, but flat from last year. • For the 31% of properties selling above asking price, the average premium paid...

CAR Market Matters

Talking Points “Rates held relatively flat this week. The 10-year Treasury yield fell just 1 basis point, while the 30-year mortgage rate remained unchanged at 3.83 percent,” said Sean Becketti, chief economist, Freddie Mac. 30-year fixed-rate mortgage (FRM)...

CAR Market Matters

Talking Points The highest interest rates in a month prompted a setback to the mortgage market last week. Total mortgage application volume—which includes applications for home purchases and refinancing—dropped 0.5 percent on a seasonally adjusted basis, the Mortgage...