Better mortgage spreads boost housing demand in 2025
Housing Wire
MAY 17, 2025
One of the lesser known storylines in housing economics is that the improvement in mortgage spreads since 2023 has contributed to a noticeable trend in purchase application data for 2025, which is now showing 15 consecutive weeks of positive year-over-year growth. Mortgage spreads recently turned negative due to market volatility, which resulted in an increase of 20 to 25 basis points in mortgage rates.
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