Daily Chartbook • 1048 implied HN points • 04 Mar 24
- The average rate on a 30-year mortgage has increased for 4 weeks in a row, reaching 6.94%.
- Mortgage delinquencies rose for the second straight quarter across all product types, with an increase in new loans entering delinquency.
- Nearly 40% of US homes do not have a mortgage, showing a substantial portion of homeowners are mortgage-free.