The United States mortgage rates have gone down in the past despite rising demand for home loans. Mortgage rates are at a historic low of 2.69 pct for a 15-year fixed rate loan, the lowest since the WWII. Mortgage applications for new home purchases have risen by 80 pct over the past five quarters, a 64 pct annualized rate of growth.
"Unless the lion’s share of them is being rejected, the outlook for sales and starts has to be good," DBS said in a research note.
New home sales have been trending north at a 12 pct annualized pace but in a stop-start fashion. Further, this trend is also being noticed for housing starts, which is due today.
Markets expect only a 3 pct rise in April, which wouldn’t offset much of the 8 pct drop in March. Mortgage applications reveal that markets are too conservative.


Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals
UBS "이 미국 도시, 부동산 거품 위험 가장 높아"
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm
Colorado takes a new – and likely more effective – approach to the housing crisis 



