Let’s check in on how Consumer Confidence and mortgage interest rates fared during November.
First up, here’s the Consumer Confidence data as of November:
At 72.0, the Present Situation Index decreased 0.8% between October and November, but is up 25.4% from a year earlier. The Present Situation Index is currently up 256% from its December 2009 low point. The Expectations Index had been losing more ground lately. It was down 4.0% from October and down 14.3% from a year ago.
Here’s your chart of home mortgage 30-year interest rates via the Federal Reserve:
As of last week, the 30-year mortgage rate sat at 4.46%, up over a full point the November 2012 low of 3.31%. Current interest rates are roughly on par with where they were in June 2011 and, and still nearly two points below the 6.41% average rate during the height of the housing bubble through 2006.
Click below for the interactive Consumer Confidence chart (only works in Google Chrome).
You can use the sliders under the interactive chart below to zoom in on the data for a specific period.