The Federal Reserve's key inflation gauge moved in the wrong direction in February, a concerning development. However, signed contracts for new and existing homes rebounded after a sluggish start to the year, and home prices nationwide continued to show solid growth.

After several weeks of steadily improving mortgage rates, things hit a bit of a wall: tariff fears and realities, rising inflation expectations, hawkish Fed commentary, etc. Nonetheless, average 30-year mortgage rates remain well below 7%. This, together with higher inventory levels nationwide, is breathing some life back into the moribund housing market.

The MBS Highway National Housing Index rose four points in March 2025, led by a seven-point improvement in buyer activity. Price direction, however, was flat overall, with month-over-month declines seen in several regions.

Pulsenomics, an independent research and index product development firm, has awarded Highway founder and CEO Barry Habib the prestigious 2024 Crystal Ball Award. The award recognizes Habib's exceptional accuracy in forecasting US home prices over a two-year period.

MBS Highway is excited to announce our new Strike Rate tool, which was designed to help our subscribers capture more refinance opportunities that are sitting right in their pipeline – immediately as they become available.