🏠 MMI
Mortgage Market IntelligenceAverage Rate 6.87% -0.05% today
Avg Home Price $412,500 +2.3% YoY
Applications 234K -5.2% weekly
Housing Inventory 982K +8.1% MoM
Rate Trends - 30 Year Fixed
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Powered by Freddie Mac PMMS data
🔥 Market Highlights
- Rates expected to stabilize in Q2
- First-time buyer activity increasing
- Refinance applications down 18% YoY
- New construction permits up 4%
📰 Latest News
- Fed signals potential rate cuts later in year
- Housing starts beat expectations
- Existing home sales report coming Friday
- MBA mortgage applications index released