Jobless claims keep mortgage rates elevated - housingwire.com

Jan 2, 2025 · Jobless claims keep mortgage rates elevated. Labor is key to pushing rates lower. January 2, 2025, 2:53 pm By Logan Mohtashami. Today, the jobless claims data again …

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Jobs Week Data Is Keeping Mortgage Rates Above 7%

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4 days ago · So, what does this mean for mortgage rates? We are getting closer to my peak forecast rate of 7.25%. Today’s mortgage pricing is 7.24% and the 10 year yield is at 4.76%.

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Next Week In Business: Jobless Claims, Mortgage Rates And Wall …

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Dec 27, 2024 · Last week, the average rate on a 30-year mortgage rose to 6.85%. Elevated mortgage rates and rising home prices have sidelined many would-be homebuyers and put …

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Treasurys Rise Amid Jobless Claims - HousingWire

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Treasurys rose as reports showed jobless claims reached the highlest levels in six weeks.The 10-year yield dropped six basis points, or 0.06 percentage points, to 1.88%. "The...

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Housing Demand Positive, But At Risk From Higher Mortgage Rates

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3 days ago · Meanwhile, mortgage rates are slightly lower than I had expected for 2025. This situation is similar to last year; however, at that time mortgage rates reached around 7.50% …

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Housing Market Recovery Threatened By Mortgage Rate Pop

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Oct 7, 2024 · These new pendings prices rose by 1.25% this week, to $395,000 and are 5% greater than a year ago. In the last two years, when October had sharply higher mortgage …

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FAQs about Jobless claims keep mortgage rates elevated - housingwire.com Coupon?

When does the Labor Department issue a weekly tally of new unemployment claims?

The Labor Department issues its weekly tally of new unemployment benefit claims on Thursday. Also Thursday, U.S. financial markets re-open for first trading day of 2025 and mortgage buyer Freddie Mac delivers its weekly update on average U.S. home loan rates. ...

Will a stable interest rate environment boost rent growth in 2024?

The high rate of new supply will continue to moderate potential rent gains, rent growth is expected to be positive in 2024, but below longer-run averages. A stable interest rate environment, even if rates remain elevated, could help spur transaction volume in 2024. ...

Will the vacancy rate remain stable in 2024?

We expect the vacancy rate to remain relatively stable in 2024 despite what we believe will be the peak year for deliveries this cycle. For 2024, we forecast the vacancy rate to be 5.7%, 40 bps higher than the 2000-through-2022 RealPage average of 5.3%. ...