Short version: The Pending Home Sales Index remains in the same low, narrow, sideways range that's been intact for 3 years. The good news is that there's been a reliable floor. The bad news is that the top of the range lines up with the historic lows seen in 2010 (April 2020 notwithstanding).  Longer version: Pending home sales moved modestly higher in March, breaking from recent softness but remaining within a relatively subdued range. The National Association of Realtors’ Pending Home Sales Index (PHSI) increased 1.5% month over month while declining 1.1% compared with the same time last year. The monthly gain suggests some underlying demand resilience, even as mortgage rates remained elevated. However, on an annual basis, contract activity continues to reflect a market still working through affordability constraints and uneven buyer participation. NAR Chief Economist Lawrence Yun noted that, " Contract signings rose in March despite higher mortgage rates, pointing to pent-up housing demand… A greater supply of inventory will help translate that demand into more home sales. " He added that demand remains particularly rate-sensitive among first-time and younger buyers, underscoring the need for additional supply in smaller, more affordable homes. Regional performance remained mixed. The Northeast and South posted monthly gains, while the Midwest and West saw declines. On a year-over-year basis, only the South recorded an increase, with the remaining regions continuing to trend lower — highlighting ongoing regional divergence in housing activity.

April 24, 2026 Download our Mobile App: Download our Mobile App: 30 Yr. Fixed 6.32% +0.00%   5.99% 7.08% 15 Yr. Fixed 5.91% -0.01%   5.55% 6.39% 30 Yr. Jumbo 6.53% +0.01%   6.1% 7.15% Compare Mortgage Rates from Local Lenders for Apr 24, 2026 Rates End Week Close Enough to Recent Lows Fri, Apr 24, 2026 3:31PM With zero change versus Thursday's latest levels, the 30yr fixed mortgage rate index maintained a 0.03% range for the entire week (and 0.04% going back to last Tuesday). At 6.32%, today's mark is close enough to Friday's 6.29% to say rates are hovering at the lowest levels in more than a month. The sideways drift reflects uncertainty surrounding the next phase in the Iran war. Prospects for negotiations were called into question for most of the week, but improved somewhat on Friday. A successful end to the war would likely bring some additional improvement for rates, but the true test would b... (read more) Mortgage News Daily Rate Change Points 30 Yr. Fixed 6.32% 0.00 0.00 15 Yr. Fixed 5.91% -0.01 0.00 30 Yr. FHA 5.91% -0.01 0.00 30 Yr. Jumbo 6.53% +0.01 0.00 7/6 SOFR ARM 5.96% -0.02 0.00 30 Yr. VA 5.93% -0.01 0.00 Updates Daily - Last Update: 4/24 Freddie Mac Rate Change Points 30 Yr. Fixed 6.23% -0.07 0.00 15 Yr. Fixed 5.58% -0.07 0.00 Updates Weekly - Last Update: 4/23 Mortgage Bankers Assoc. 30 Yr. Fixed 6.35% -0.07 0.61 15 Yr. Fixed 5.75% -0.10 0.69 30 Yr. Jumbo 6.43% -0.05 0.45 Updates Weekly - Last Update: 4/22 UMBS 30YR 5.0 99.22 +0.23   95.71 100.50 UMBS 30YR 5.5 100.92 +0.15   98.11 101.64 10 YR Treasury 4.303 -0.022   3.948 4.590 War Headline Waiting Game is The Only Game in Town Fri, Apr 24, 2026 9:18AM Markets were largely flat overnight but volatility picked up just after 7am ET after headlines suggested US/Iran negotiations could resume as early as today. That was good for almost a $4 drop in oil and a 3bp drop in 10yr yields. Roughly half of that improvement was erased just over an hour later when additional news reiterated yesterday's contentious claim... (read more) MBS Price Change UMBS 4.5 97.02 +0.19 UMBS 5.0 99.22 +0.23 UMBS 5.5 100.92 +0.15 GNMA 4.5 97.12 +0.19 GNMA 5.0 99.70 +0.20 GNMA 5.5 101.00 +0.19 Pricing as of: 4/25 10:12AM EST US Treasury Yield Change 2 YR Treasury 3.783 -0.055 5 YR Treasury 3.920 -0.039 7 YR Treasury 4.099 -0.033 10 YR Treasury 4.303 -0.022 30 YR Treasury 4.910 -0.003 Pricing as of: 4/25 10:12AM EST Other News Same Old Story For Pending Home Sales Fri, Apr 24, 2026 1:04PM Short version: The Pending Home Sales Index remains in the same low, narrow, sideways range that's been intact for 3 years. The good news is that there's been a reliable floor. The bad news is that the top of the range lines up with the historic lows seen in 2010 (April 2020 notwithstanding).  Longer version: Pending home sales moved modestly hi... (read more) Strong Purchase Demand Drives Solid Week For Mortgage Applications Fri, Apr 24, 2026 12:49PM Mortgage applications surged last week, posting a strong rebound as declining rates and improving market sentiment drove broad-based gains. The Mortgage Bankers Association (MBA) reported a 7.9% increase on a seasonally adjusted basis for the week ending April 17. Both refinance and purchase activity contributed to the increase, with the Refinance Index r... (read more) Retention, HELOC, Digitization, Secondary Platform, CRA Products; Lottery Psychology; FHA Delinquencies Fri, Apr 24, 2026 11:46AM Lender and Broker Products and Services Two established names in mortgage verification. One national CRA built to serve how lenders actually operate. Advantage Partners Solutions brings together the experience of Advantage Credit and Partners Credit and Verification Solutions into a single, unified partnership. Here's how it works: clients access credit re... (read more) Latest Video Iran FM may arrive in Pakistan tonight, second round of U.S.-Iran talks exp... Report: IRGC pushes Iran Parliament Speaker to leave ceasefire negotiation ... Homebuilders report higher material costs amid higher fuel prices Final March consumer sentiment comes in at 49.8, above estimates Around the Web CNBC Fed is likely to hold rates steady here's how that impacts consumer costs Investing Live US Dept of Justice to drop probe of Jerome Powell - report Investing Live UMich April final consumer sentiment 49.8 vs 48.0 expected Realtor.com Fannie and Freddie to Allow Credit Scores Based on Rent and Utilities Payments CNBC Bessent defends U.S. dollar swap lines as Iran war harms global finances Realtor.com Major Homebuilders See Rising Orders but Shrinking Profits as Incentives Squeeze Margins CNBC New grads are finding jobs faster despite a competitive job market, says report Investing Live Iran parliamentary speaker Ghalibaf resigns from negotiations - Israel media report S&P Global S&P Global US Flash PMI CNBC Treasury yields little changed as ceasefire optimism fades DOL US initial jobless claims up by 6,000 to 214,000 CNBC Bessent says 'many' U.S. allies have asked for currency swaps amid Iran war turbulence CNBC Treasury yields tick higher as U.S.-Iran standoff persists and investors await April PMI

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