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Mortgage Applications Slide, but Pending Home Sales Beat Expectations

Jeannette Thompson

Published 3 weeks ago

Today brought 2 new scheduled data releases for the housing market. Both were fairly logical given the variables in play. So far in 2022, one of the most obvious and troublesome variables for the mortgage market has been the historically rapid rate spike. Average 30yr rates are now at levels not seen since 2009. Continue this read in the above PDF.

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National Rate Averages

Conf. 30Y Fixed

5.328%
0.005

FHA 30Y Fixed

5.217%
-0.031

Jumbo 30Y Fixed

4.902%
0.079

Rate averages are calculated from actual locked rates. Learn more.

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Home Loans, LLC

Company NMLS# 1850117

202 Main Street
Frisco, CO 80443
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