Analysis and Data
Coming Up:
Inflation Impacts Title Insurance, But Coverage Cost Stays Low
Expenses to fix title issues increase, but the cost of coverage is down since 2004.
Low-Income Earners Feeling The Pain Of Homebuying
Redfin report shows low-income earners represented just 20.6% of all mortgages in 2023
Secondary Strategies: Buydowns vs. Float Downs
Higher rates for longer complicate rate-reduction strategies
Mortgage Banker
Rocket Blasts Off In Q1, Back To Profitability
CEO Krishna looks to capitalize on consolidation in this "winner-takes-all market"
U.S. Private Sector Adds 192,000 Jobs In April
Annual pay for people changing jobs fell from last month's 10.1% to 9.3%
BMO Will Issue 15 Grants To Women-Owned Businesses
Entrepreneurs invited to share their business growth plans that involve new hires, offering new products and services or expanding to new markets.
Redfin: Median Monthly Payments Reach $2,890 In April
Rising home prices and mortgage rates pushed monthly payments up 15% last month, year over year.
ARM Applications At Year's Highest So Far, As Rates Fail To Budge
Weekly survey from Mortgage Bankers Association shows decrease in purchase and refinance applications.
Home Price Appreciation Accelerates In February
The latest CoreLogic S&P Case-Schiller Index shows home prices remain resilient amid higher borrowing costs.
Consumer Confidence Drops To Lowest Level Since 2022
The consumer confidence index fell to 97 in April from March’s 103.1 reading.