Mortgage rates recently hit a year-to-date low, coinciding with ongoing market disruptions from tariffs. The more encouraging story, however, is that the spring season is shaping up positively for the housing market. Notably, purchase applications show growth both year-to-date and year-over-year. Additionally, our weekly pending contract data and new listings are trending positively compared to last year. 

Despite the crazy negative headlines, existing home sales aren’t crashing based on the data we are seeing now. In fact, if mortgage rates head toward 6%, we will have a positive year here. Remember, we are working from the lowest bar details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com