Highway Blog
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Mortgage Market News
This succinct analysis of the previous week’s news shows what’s happening in the markets and why.
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Consumer Inflation Cools, Wholesale Inflation Surprises
July 15, 2024
Consumer inflation cooled in June, while wholesale inflation surprised to the upside. Plus, Fed Chair Jerome Powell acknowledged that elevated inflation isn’t the only risk to our economy.
Sahm-thing Happening in the Labor Sector
July 8, 2024
There are more signs that the labor sector is softening, as job growth eased in June and the uptick in the Unemployment Rate triggered an important recession indicator. Meanwhile, home prices continue to rise nationwide.
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Cooling Inflation and New Home Sales
July 1, 2024
Both inflation and new home sales moved lower in May. Meanwhile, home prices hit another all-time high.
Talking Points
Views on all the real estate news from the past week, deep dives on trending topics, a bit of inspiration, and more.
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Weekend Talking Points - 'Cooing'
July 19, 2024
A string of favorable data (lower inflation, higher unemployment rate) has convinced the market that the Federal Reserve will begin cutting short-term interest rates in September, and mortgage rates are already moving lower.
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Weekend Talking Points - 'Eureka'
July 12, 2024
Rate cuts are definitely coming. Fed Chairman Jerome Powell sounded a bit more dovish in his testimony to Congress, and then the CPI inflation report for June came in lower than expected. It is very nice to see 30-yr mortgage rates moving below 7%!
Weekend Talking Points - ‘Bummer'
June 28, 2024
In most cities across the nation, home prices continue to rise — despite high mortgage rates. That’s a tough combination for buyers, leading to lower transaction volumes.
MBS Highway Housing Index
Real-time updates on homebuyer activity, pricing pressure and sales pace both regionally and nationally.
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June 2024 MBS Highway Housing Index
June 11, 2024
The MBS Highway National Housing Index dropped 5 points in June 2024 to 53. This was the second straight monthly decline during what is typically the high season for residential real estate. Stubbornly high (>7%) mortgage rates were to blame.
May 2024 MBS Highway Housing Index
May 14, 2024
The MBS Highway National Housing Index dropped 1 point in May 2024, as an over 50 basis point jump in mortgage rates during April negated the normal seasonal upswing in activity. Home prices, however, remained in expansion territory (above 50) in all regions.
April 2024 MBS Highway Housing Index
April 9, 2024
The MBS Highway National Housing Index rose 3 points in April 2024, resuming its upward trajectory after a brief pause in March.
Visionary Voices
This in-depth analysis by our team of experts on crucial topics like inflation, the Fed and economic data will help you address your clients’ biggest questions and concerns.
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Double Dose of Positive Inflation News
June 14, 2024
The Consumer and Producer Price Indexes showed cooler than expected inflation in May, which was another positive step in the right direction after the progress lower late last year stalled at the beginning of this year.
Signs Consumer Spending May Be Hitting a Wall
May 10, 2024
Consumer spending has been strong, buoyed by pandemic savings from stimulus and credit. But there are now signs that this support may be coming to an end.
The Opportunity in Homeownership
April 24, 2024
Find out what the latest home builder confidence and new construction data suggest about the opportunity in homeownership.
Product Updates
Enhancements we’re making to help industry professionals better serve their clients.
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Product Update Alert: Cost of Waiting
February 6, 2024
Our updated Cost of Waiting tool helps our subscribers demonstrate how delaying a purchase for even a year or two could cost buyers thousands in appreciation, amortization, equity and more.
Product Update Alert: Debt Consolidation
January 26, 2024
Our newly enhanced Debt Consolidation tool helps your clients achieve their financial goals and gain a better position to build wealth for their family.
Product Update Alert: Bid Over Asking Price
December 5, 2023
Expand your toolkit with MBS Highway’s Loan Advisor add-on and gain access to essential tools, including our recently enhanced Bid Over Asking Price tool!
