Housing Market
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Housing Market Tracker
Have Fed rate cuts already been priced into mortgage rates?
Last week, mortgage rates hit a new low for 2025, as the labor market proved more critical to the bond market than inflation. The big question is: what will happen after the Fed cu
Can mortgage rates get below 6% with this Federal Reserve?
Mortgage rates dropped to 6.29% last week after the jobs report, but economic factors can only do so much without help from the Fed.
Lower mortgage rates pushed inventory lower in August
Year-over-year inventory growth has dropped from recent highs of 33% to 22%, despite mortgage rates not yet approaching 6%.
Where do mortgage rates go from here?
Mortgage rates reached a new year-to-date low Friday. Does that mean mortgage rates can go even lower from here?
Mortgage spreads cushion mortgage rates against warm inflation data
Inflation data was warm last week, but mortgage rates remain near their lowest levels for 2025 because of mortgage spreads.
Did lower mortgage rates already lower housing inventory?
Last week we saw an actual decline in inventory week to week, which is rare for this time of year compared to recent years.
How much lower can mortgage rates go after Friday’s jobs report?
Mortgage rates fell 0.18% last week, breaking below the key threshold of 6.64%. How much lower can they go?
Housing inventory growth is starting to stall
Housing inventory rose to 860,426 last week, but that growth is starting to stall out as we head into August.
Mortgage spreads are almost back to normal
In a week marked by wild headlines, mortgage rates remained relatively calm, thanks to improvements in mortgage spreads.
Housing inventory actually fell last week. What is going on?
The Housing Market Tracker shows housing inventory decreased last week, while purchase application data grew 25% year-over-year.
How to think about home prices for the rest of 2025
Available inventory of homes on the market is back to the pre-pandemic range, with 826,000 single-family homes unsold on the market as of mid-June. Read more here.
Mike Simonsen, Altos Research
Housing Market Video
May 19, 2025
