NAIL

Mortgage rates roughly unchanged W/W, but down from 2024-peak

Mortgage rates were almost flat from last week, but down from their peak level in 2024. 30-year fixed-rate mortgages averaged 6.78% as of July 25, down from 6.81% a year ago. Freddie Mac Primary Mortgage Survey says rates are down 0.5% from 2024-peak level.

New Home Sales Unexpectedly Fall To 7-Month Low

Housing Market Crash Is On The Horizon

Existing Home Sales Fall Further As Median Price Reaches Record High

Existing home sales fell for a fourth straight month in June as the median price reached a new record high. The median price for existing homes reached a record high in June, climbing to $426,900, the fifth consecutive monthly rise. Exexisting home sales are down 5.4% compared to one year ago.

Weekly Report: what happened at NAIL last week (0715-0719)?

Where Investors Are Starting To Turn Their Attention As Big Tech Loses Steam

MoneyTalk's Anthony Okolie talks with David Sekera, Chief U.S. Market Strategist with Morningstar Research. Sekera says the US markets are starting to strayed "pretty far into overvalued territory" The rotation out of big tech and into smaller-caps has been losing steam.

Mortgage rates edge down from a year ago, but purchase demand remains low

Mortgage rates edge down from a year ago, but purchase demand remains low. 30-year fixed-rate mortgage fell to its lowest level since mid-March. Freddie Mac Primary Mortgage Survey: Homebuyers have yet to respond to lower rates, as purchase demand remained low.

Better Than Expected Housing Data, But Starts And Permits Remain Weak