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Housing Finance Watch (Week 15, 2025)
AEI
2025.04.16
- The median purchase rate stayed constant at 6.5% in week 15, 2025.
- According to Mortgage News Daily, the avg. 30-year rate was 6.98% on April 14th.
- Purchase rate lock volume was down 34% from the same week in 2019, and down 13% YoY.
- Preliminary YoY HPA was 3.2% in February 2025. It is projected to be 2.9%, 2.7%, and 2.8% for March 2025, April 2025, and the first week of May 2025, respectively.
- Despite subdued purchase activity and relatively high rates, YoY HPA remains healthy, largely due to buyers being well-qualified.