Improving Mortgage Spreads Sustain Home Sales Growth Despite High Oil Prices

By Logan Mohtashami · HousingWire · 2026-07-04

The residential market is showing unexpected resilience as narrowing mortgage spreads keep purchase activity in positive territory. According to HousingWire, pending home sales for the week ending July 3 reached 71,173 units, a significant increase over the 66,967 transactions re

The residential market is showing unexpected resilience as narrowing mortgage spreads keep purchase activity in positive territory. According to HousingWire, pending home sales for the week ending July 3 reached 71,173 units, a significant increase over the 66,967 transactions re