Part 2: Current State of the Housing Market; Overview for mid-July

House Prices have turned negative year-over-year, but picked up recently

Yesterday, in Part 1: Current State of the Housing Market; Overview for mid-July I reviewed home inventory and sales.

FHFA’s National Mortgage Database Q1 2023

Here is some data from the recently released FHFA’s National Mortgage Database showing the distribution of interest rates on closed-end, fixed-rate 1-4 family mortgages outstanding at the end of ea…