Real Time Credit Card 💳 Spending pic.twitter.com/wGZgxYaTGZ
— Win Smart, CFA (@WinfieldSmart) January 3, 2024
Buying conditions have collapsed pic.twitter.com/jUZ7ebxaqM
— Bravos Research (@bravosresearch) January 3, 2024
"The share of U.S. homebuyers looking to move to a different metro area declined for the third straight month in November, dropping to 23.9%, the lowest share in a year and a half."@Redfin pic.twitter.com/yAGxvVtKbQ
— Daily Chartbook (@dailychartbook) January 2, 2024
Mortgage demand down 9.4% for final week of 2023, despite recent drop in interest rates
- The average rate on the 30-year fixed ended the year at 6.76%, lower than where it was two weeks ago, but higher than it was a week ago.
- Applications to refinance a home loan ended the year 15% higher than the same period a year ago.
- Applications for a mortgage to purchase a home ended the year 12% lower.