EHL Markets in a minute - Housing Sentiment is up!

For the Week Ending April 12, 2019

Please enjoy this quick update on what happened this week in the housing and financial markets.

The consumer price index rose less than forecast in March. A key measure of inflation, this reading supports the Fed's decision not to raise rates this year. 
Producer prices increased by the most in 5 months in March. However, underlying prices remained soft, an indication of tame inflationary pressures.

Housing sentiment surged in March, with sellers the most optimistic. Consumers who say it's a good time to sell increased 13% from February, up 4% from 2018.
CoreLogic says mortgage delinquencies in January were the lowest for that month in 20 years. Serious delinquencies dropped to 1.4% from 2.1% in 2018.

Rate movements and volatility are based on published, aggregate national averages and measured from the previous to the most recent midweek daily reporting period. These rate trends can differ from our own and are 

 

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