Market Indicators

10-Year Treasury

“Market Yield on U.S. Treasury Securities at 10-Year Constant Maturity” helps determine mortgage interest rates as it serves as a benchmark for long-term borrowing costs, influencing mortgage rates accordingly.

Inflation Rate In The United States

Inflation rate is vital for predicting mortgage interest rates. As inflation rises, lenders increase rates to compensate for the devaluing currency, impacting borrowing costs and affordability.

Monthly Unemployment Rate In The United States

The unemployment rate can impact mortgage interest rates. High unemployment may lead to lower rates as lenders adjust to economic conditions. Conversely, low unemployment can lead to higher rates due to increased demand for loans.

New Multifamily Construction Spending In The United States

After experiencing substantial growth since 2019, the construction of multifamily homes in the U.S. is projected to increase by six billion U.S. dollars in 2023 compared to the previous year. However, it is anticipated that spending on multifamily housing will decline in the subsequent years following 2023.