Last week was relatively calm for the housing market after the fiasco of the banking crisis. Housing demand grew and inventory levels fell again while mortgage rates rose.

Here’s a quick rundown of the last week:

• The 10-year yield battle continues as bond yields rose early in the week only to close below 3.50% on Friday. Mortgage rates rose to 6.57%. 
• Active inventory fell by 3,141, and new listing data fell again and is still trending at all-time lows.
• Purchase applications data rose for the fourth straight week, which details ⇒

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