• Tuesday: New Home Sales, Case-Shiller House Prices

    28 days ago - By Calculated Risk

    From Matthew Graham at Mortgage News Daily: NOW Mortgage Rates Are at 4-Year Highs
    Mortgage rates moved markedly higher today, officially leaving them at new 4-year highs.
    ...
    The average lender is quoting very well-qualified borrowers with huge downpayments something north of 4.5% on conventional 30yr fixed mortgages today. Let's call it 4.625%. Up until Friday, that number hadn't been over 4.5% except for on a few of those ill-fated February days.
    emphasis added Tuesday:
    • At 9:00 AM ET, S&P/Case-Shiller House Price Index for February. The consensus is for a 6.2% year-over-year increase...
    Read more ...