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NAR Headlines

  • Following the 10-year Treasury yield trend, the 30-year fixed mortgage rate fell to 5.25% from 5.30% the previous week.
  • Existing-homes sales fell again slightly in April, with two regions of the U.S. posting gains and the other two regions recording a dip. Year-over-year, all four regions saw declines in existing-home sales.
  • The worst of the housing shortage is ending, but market equilibrium between supply and demand is still some ways off.
  • NAR’s Chief Economist Lawrence Yun discusses recent developments in the U.S. economy and their impact on the housing market, and reviews housing trends as well as his expectations for the second half of 2022. Lawrence Yun, Leigh Brown, Tiffany Curry and Tommy Choi talk about using data strategically in your personal business.
  • After last week's surge, the 30-year fixed mortgage rate rose slightly to 5.30% from 5.27% the previous week. Unyielding inflation and the Fed's tightening policy seem to be the main drivers of today's mortgage rates.