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Taylor Marr’s Newsletter

Taylor Marr

Housing Matters

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Substack
PricingOnly free issuesPublishesWeekly
Issues18Founded4 years agoLast Issue3 years ago
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Latest Issues

Economic & Housing Update Jun 16, 2023

Summary:

  • Mortgage rates decreased slightly this week to 6.69%, but remain 30 basis points above four weeks earlier.

  • Mortgage purchase applications rebounded 7.6% this past week, reversing a month of weekly declines, but is far fr...

3 years ago
1

Economic & Housing Update May 19, 2023

Summary:

  • Mortgage rates shot up to 6.9% this week—the highest since the collapse of SVB ten weeks ago. The rise stems from a confluence of factors listed below.

  • Mortgage purchase applications fell 5% and Redfin’s Demand Index als...

3 years ago
1

Economic & Housing Update May 12, 2023

Summary:

  • Mortgage rates fell slightly to 6.35%, according to Freddie Mac. Mortgage applications jumped 4.8% to the 2nd highest level in 3 months as rates trend lower.

  • Fannie Mae’s Home Purchase Sentiment Index increased in April...

3 years ago
1

Economic & Housing Update May 5, 2023

Summary:

  • Mortgage rates fell slightly this week to 6.39%, but have mostly moved sideways for six months. There was little new data for the housing market this week.

  • The Federal Reserve raised the fed funds rate by 25bps to a rang...

3 years ago
4

Economic & Housing Update Apr 21, 2023

Summary:

  • Mortgage rates increased for the first time in 5 weeks to 6.39% from 6.27%. Daily rates stand at 6.66%. Mortgage rate volatility is at its highest level since last October. Mortgage purchase applications fell 10% last week as...
3 years ago
3

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  • Taylor Marr

    Deputy chief economist at Redfin. I explore housing and urban economic trends with data. The views expressed are my own.

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