In this week's economic review, the 30 - year average mortgage rate climbed past 4 percent for the first time in 26 weeks, housing starts ended the year with a steep drop, and home builders continue to express confidence in the market
as homebuyer traffic builds.
As far
as homebuyer traffic goes, the component gained 8 points in March, putting it at a level of 54, which is the third plus - 50 reading of this component in the last four months.
Not exact matches
While
homebuyer traffic does decrease significantly on actual holidays, house - hunting isn't
as impacted
as you'd assume during the holiday season (and for good reason).