Analysis and Data

New report by Redfin points to young adults' financial savviness.

As interest rates dip, both refinance and purchase applications experience notable upticks.

Fannie Mae's Home Price Index reveals an increase despite a quarterly slowdown, as affordability challenges persist in a supply-constrained market.

Increasing homeowner willingness to sell, regardless of mortgage rates, coupled with improving affordability signals a potential shift in the housing market dynamics for 2024.

December sees a dramatic 43% increase in rate/term refinances and a decline in purchase and cash-out volumes, driven by falling mortgage rates and a rise in VA loan activities.

'Lock-In Effect' keeps majority of homeowners with mortgage rates below 6%

That's 33 basis points over what they were last year at this time.

Q3 2023 industry premium volume drops nearly a quarter year-over-year.

Core CPI rises by 0.3%, signaling ongoing inflationary pressures with energy and shelter costs driving the uptick.

Report shows increase in foreclosure activity offers stability for investors and industry professionals.