Analysis and Data
The Refinance Index experienced a notable uptick of 12% from the preceding week.
Mortgage originations for 4Q 2023 hit $394 billion.
Miami returns to top spot for annual price gains in large metros, at 11% in latest CoreLogic Home Price Index
Month-over-month growth in mortgage rate locks coincides with the Federal Reserve's interest rate stance, as market anticipates potential future changes.
Intercontinental Exchange, Inc. data reveals a 5% drop in income share for median home purchases, alongside rising home equity and increased refinance incentives, signaling a more favorable real estate environment.
As mortgage rates hover at lower levels, UWM offers 100-basis point incentive on conventional refinances.
The U.S. Adds 353,000 jobs, defying slowdown predictions, and sparks debate on Federal Reserve's next move
Would require insurance companies to offer more limited policy options.
The trend indicates movement in the right direction for homebuyers.
Homeowners showed a greater willingness to list their homes in January 2024.