Rates & Yields — Trailing 12 Months
10-Year Treasury constant maturity vs. Freddie Mac weekly 30-year fixed survey — live from FRED.
10Y Treasury 30Y Mortgage
Lending & Credit Conditions
- Senior Loan Officer Tightening12.4%
net share tightening standards
- Avg. FICO — Purchase Originations748
+4 pts YoY
- Mortgage Credit Availability104.6
MCAI, Mar 2012 = 100
- Denial Rate — Conventional9.1%
-0.6 pp QoQ
Liquidity Indicators
- Agency MBS Issuance$118B
trailing 30 days
- Fed Balance Sheet$6.71T
-$28B MoM
- SOFR — Overnight4.33%
flat WoW
- Bank Reserve Balances$3.22T
+$41B MoM
Buyer vs. Seller Advantage
Moderate Seller Market
Tight inventory offsets softening demand nationally.
Strong BuyerStrong Seller
- Months of supply
- 3.4
- Median days on market
- 34
- Share above list
- 26%
- Active inventory YoY
- +8.2%