Home Sales Activity in San Francisco Remains Down
While the number of homes listed for sale in San Francisco just hit an 8-year seasonal high, pending home sales activity in the city remains down. In fact, despite a…
Mortgage Rates Inch Up
While the average rate for a 30-year mortgage inched up 7 basis points over the past week to 3.56 percent, it remains within 15 basis points of a three/six-year low…
Pending Home Sales in San Francisco Are Really Down
As we noted last week, the year-to-date pace of completed home sales in San Francisco is currently running at an 8-year low. And in addition to being down over 10…
Benchmark Mortgage Rate Nearing a Six-Year Low
The average rate for a 30-year mortgage dropped 9 basis points over the past week to 3.49 percent, which is down 145 basis points (1.45 percentage points or 29.4 percent)…
Mortgage Rates Continue to Drop, Odds of an Easing Slip
The average rate for a 30-year mortgage dropped another 5 basis points over the past week to 3.55 percent, which is down 139 basis points (1.39 percentage points or 28.1…
Benchmark Mortgage Rate Drops to a Near 3-Year Low
On the heels of the Fed having eased rates last week, the average rate for a 30-year mortgage has dropped 15 basis points to 3.60 percent, which is now 134…
Mortgage Rates Slip, Odds of an Easing Hold
Having inched up to 3.81 percent last week, the average rate for a 30-year mortgage has dropped back down to 3.75 percent, which is 119 basis points (1.19 percentage points)…
Mortgage Rates Inch up Along With the Odds of an Earlier Easing
Having dropped to 3.73 percent at the end of last month and bouncing around a 32-month low, the average rate for a 30-year mortgage inched up 6 basis points over…
Benchmark Mortgage Rate Holding at a 32-Month Low
The average rate for a 30-year mortgage has been holding at around 3.75 percent over the past two weeks, which is down 119 basis points (1.19 percentage points) since the…
Pace of Home Sales in San Francisco Continues to Drop
Having turned negative in mid-May, which led to an effective push in recorded home sales for the month, actual contract activity in San Francisco (versus anecdotal reports of “open house…