Analysis and Data

Single-family Housing Starts Remain Flat In April

National Association of Home Builders attributes levelling off to high rates and low confidence

Construction
Analysis and Data
Mortgage Delinquencies Up 38 Basis Points YOY In Q1 2024

Payments past due increased on all loan types this year, the MBA reported

Analysis and Data
Mortgage Rates Marginally Decrease For Second Consecutive Week

Freddie Mac reported the 30-year fixed-rate mortgage (FRM) averaged 7.02% this week

Analysis and Data
Sluggish Start To The Spring Homebuying Season

High home prices and interest rates keep buyers and sellers stagnant, Redfin reports.

Analysis and Data
Builder Sentiment Declines In May, Ending 6-Month Streak

The NAHB/Wells Fargo Housing Market Index shows the use of sales incentives rose 2% month over month.

Construction
Analysis and Data
Inflation Cools For First Time in Three Months

Department of Labor's April Consumer Price Index increased in line with expectations

Analysis and Data
Foreclosure Activity Nationwide Shows Slight Decline In April

Foreclosure starts decreased 7% from last month and completed foreclosures increased 8% from last month

Analysis and Data
New Home Purchase Mortgage Applications Increased In April

Compared to March 2024, applications increased by 2%.

Analysis and Data
43% Of New Homeowners Struggle To Make Mortgage Payments

And 44% have taken on extra debt to maintain their lifestyle, according to a new survey from Clever Real Estate.

Analysis and Data
Consumers Skip Payments Due To Inflation, Job Loss, And Forgetting To Pay

Nearly one-third of consumers said it is difficult or very difficult for them to pay their recurring debts on time.

Analysis and Data