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Housing Finance Watch (Week 14, 2025)
AEI
2025.04.10
- The median purchase rate stayed constant at 6.5% in week 14, 2025.
- According to Mortgage News Daily, the avg. 30-year rate was 6.85% on April 8th.
- Purchase rate lock volume was down 14% from the same week in 2019, but up 11% YoY.
- Preliminary YoY HPA was 3.2% in February 2025. It is projected to be 2.9% and 2.7% for March 2025 and April 2025, respectively
- Despite subdued purchase activity and relatively high rates, YoY HPA remains healthy, largely due to buyers being well-qualified.