Americans’ fascination with ‘mortgage rates:’ a tour through financial market history

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A graphical representation of when consumers are searching Google for the term “mortgage rates” says a lot about the economic and financial history of the past few years.

 

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Mortgage Rates Fast Approaching 5%, a Fresh Blow to Housing MarketThe cost of borrowing to buy a home is at its highest in over seven years. That could deter purchasers and be a worrying sign for the greater economy. The federal reserve bank is not federal it’s a bunch of individual banks who control our economy to manipulate their profits Wonder what comes next Check my saved calendars....... 2008 Set back It’s finished.
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Mortgage rates hit 6-week high with housing market at a crossroadRates for home loans reach a six-week high as upbeat economic data and a bulging deficit spur a yield-lifting bond sell-off and big questions grip the housing market.
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Mortgage rates edge higher as housing market cracks appearHigher financing costs, combined with a scarcity of properties and other familiar headwinds, may be starting to diminish buyer demand in the housing market. availability might also have something to do with us; post election, after a red wave, home starts will jump
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Mortgage rates slide as echoes of 2006 haunt the housing marketRates for home loans slipped alongside bond yields in the face of a broad stock sell-off, even as bigger questions about the health of the housing market preoccupied many analysts.
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Mortgage rates hold steady as housing market stresses mountRates for home loans were mostly unchanged in the most recent week, of little use to anyone trying to buy a home - there are few good options - or refinance - most everyone who could benefit already has. That chart has broken to the upside, muy mal ese! 30yrmortgage HousingCrisis
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Mortgage rates hold near recent lows, a solitary bit of good news for the housing marketRates for home loans stayed pat in the most recent week, offering would-be home buyers and refinancers another shot at ownership even as housing-market dark clouds gather.
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Falling Mortgage Rates Raise Hopes for Battered Housing MarketMortgage rates have fallen to around their lowest levels in eight months, offering a potential boost to the housing market after a rough patch in recent months. Current rates are around 4.3% When I was starting out in life, mortgage interest rates were 10% Cry me a river. 😶 Housing market is not battered, its cyclical.
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