At Centersource Technologies AB we are committed to the highest standards of ethical research and data integrity, guided by the ESOMAR Code of Conduct. Our data is sourced from a limited, anonymous market survey conducted with trusted and established industry participants. The insights derived from this survey reflect aggregated finalized prices as well as observed prices reported within the participants respective markets, with a focus on the highest prices recorded during the first two weeks of each month. These insights are provided for informational purposes only and are intended to indicate market trends rather than serve as comprehensive or fully representative market data.
In adherence to ESOMAR's principles, we ensure that all data collection and analysis are conducted with transparency, respect for confidentiality, and strict compliance with ethical guidelines:
- Data Sourcing and Methodology:
We exclusively use data from government, customs, or government-affiliated websites to maintain reliability and public integrity. In addition, we engage directly with industry experts to gather real-time, firsthand information. Each data point is collected, verified, and aggregated following established ethical standards, ensuring that our research processes meet the rigor recommended by ESOMAR. - Transparency and Accuracy:
All data are published promptly as they become available from the source, ensuring that our insights remain current and reflective of on-ground market dynamics. We actively seek and incorporate regular feedback from industry experts, which allows us to make real-time adjustments and continuously improve the accuracy and reliability of our data. - Ethical Data Usage and Third-Party Material:
Our adherence to the ESOMAR Code of Conduct underscores our commitment to ethical research practices. We maintain strict controls over data sharing and usage; copying or distributing our data is prohibited under our company policy. Furthermore, all necessary agreements are in place for any third-party material used, ensuring full compliance with copyright laws and industry best practices. - Limitation of Liability:
While we strive to provide high-quality, timely market insights, the data is derived from a limited sample and should be interpreted within that context. We are not liable for any damages arising from the use of this data, as it is provided solely for informational purposes and as a directional indicator of market trends.
By integrating ESOMAR's ethical guidelines into our research methodology, we ensure that our practices are transparent, respectful of data confidentiality, and aligned with internationally recognized standards. This commitment not only reinforces the credibility of our insights but also builds trust with our stakeholders and industry partners.

US mortgage rates plunge to 7%, the largest drop in 2 years
Posted on August 14, 2024 |
US 30-year mortgage rates saw their biggest drop in two years, hitting their lowest point since May 2023, which led to a spike in refinancing applications.
The 30-year fixed mortgage rate fell by 27 basis points to 6.55% for the week ending August 2, while the five-year adjustable rate dropped by 31 basis points to 5.91%, the lowest this year.
Refinancing applications surged nearly 16% last week, reaching a two-year high of 661.4, and mortgage applications for home purchases increased by 0.8%, the first rise in a month.
The total mortgage application index, which includes both refinancing and purchase requests, went up by 6.9% last week, reaching its highest level since early this year.
Mortgage rates are linked to US government bond yields, which fell after a weak jobs report, leading to expectations that the Federal Reserve might cut rates further.
The average 30-year mortgage rate has dropped by 0.74 percentage points from its peak of 7.29% in April, providing some relief for borrowers.
However, rising home prices continue to make it challenging for potential buyers, despite the lower mortgage rates.