Rates are up 36 basis points since January and the share of refi apps fell to 62.9% last week. Was February the peak of the refi boom?
"Home sales continue to ascend in the first month of the year, as buyers quickly snatched up virtually every new listing coming on the market... Sales easily could have been even 20% higher if there had been more inventory and more choices."
- Lawrence Yun, NAR's chief economist.
In the new film A Big Bold Beautiful Journey, doors become symbols of choices and change - much like the doors we walk through, from one home to the next.