Valuation – S&P 500 Forward P/E and U.S. Real 30-Year Mortgage Lending Rate
Valuation – S&P 500 Forward P/E and U.S. Real 30-Year Mortgage Lending Rate Should investors expect U.S. equity valuations to fall? Image: Nordea and Macrobond
Valuation – S&P 500 Forward P/E and U.S. Real 30-Year Mortgage Lending Rate Should investors expect U.S. equity valuations to fall? Image: Nordea and Macrobond
Delinquency – U.S. Unemployment Rate and Mortgage Loans Past Due The rising unemployment rate in the United States should increase the delinquency rate. Image: Oxford Economics
U.S. 10-Year Treasury Yield and Mortgages Rates U.S. treasury yields and mortgage rates aren’t following the usual pattern over the last 6 weeks (R² = 0.93). Image: Macrobond Financial
What are the Average Interest Rates for Fixed-Rate Mortgages Since the Great Recession? Keep in mind that mortgage lending is down, because there aren’t enough houses on the market to meet demand and the increase in rates does not help either since 2017. However, the decline in interest rates since the end of 2018, helps…
Mortgage-Backed Securities (MBS) Fund Flows Record inflows into mortgage-backed securities over the past week highlight the growing interest in this asset class among investors. Image: BofA Global Investment Strategy
Housing Market – U.S. Home Purchase Mortgage Applications Concerns arise over the U.S. housing market as mortgage applications reach their lowest point in almost three decades, Image: BofA Global Investment Strategy
U.S. Fixed Rate CMBS Index Price Commercial mortgage-backed securities prices are currently at their lowest since October 2009. Image: BofA Global Investment Strategy
MBA U.S. Mortgage Market Index U.S. mortgage demand is falling as interest rates rise. Image: BofA Global Investment Strategy
Delinquency Rate of Student Loans since 2003 The delinquency rate of student loans is higher than credit card delinquency, auto loans and mortgages. The main reason is that the interest rate on student loans can be very high. Image: Federal Reserve Bank of New York
Housing Market – U.S. MBA Purchase Index Mortgage applications are on a downward trend as mortgage rates rise, which is a major factor in the slowdown in the U.S. housing market. Image: BofA Global Investment Strategy
U.S. Existing Home Sales High mortgage rates do not bode well for existing home sales in the United States. Image: BofA Global Research