Housing Market Tracker

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Where are mortgage rates headed? HW+

Aug 18, 2023By

Last week ended with a wild ride for mortgage rates. We anticipated the two inflation reports could help mortgage rates, however, we had a bad bond auction last Thursday, and the 10-year yield rose sharply. Weekly active inventory grew slowly again and purchase apps were down week to week again. Mortgage rates and bond yields

3d rendering of a row of luxury townhouses along a street

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