Jowan Joseph’s Post

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Sr. Loan Consultant/Residential & Commercial Lending NMLS #367657

The MBS Highway National Housing Index dropped 5 points in June 2024 to 53. This was the second straight monthly decline during what is typically the high season for residential real estate. Stubbornly high (>7%) mortgage rates are to blame. Will the FED hold rates steady, or provide some relief? Today's meeting should be interesting! #AbsoluteHomeMortgage#mortgagemarketnews #mortgageintheknow

MBS Highway Housing Index (June 2024)

MBS Highway Housing Index (June 2024)

mbshighway.com

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