Analysis and Data
Homeowners witness significant equity surge of $1.3 trillion with Northeastern states making the biggest gains.
Annual pay for job stayers was up 5.1%, lowest gain since August 2021.
The increase reflects positive sentiment despite rising interest rates and strong job market; Federal Reserve's scrutiny of upcoming economic reports may influence future rate adjustments.
Mortgage industry experts remain hopeful that the spring season will bring a boost in purchase volume.
Analysis reveals Black millennials and Gen Zers trail significantly behind their white counterparts in homeownership.
Rhode Island, New Jersey, and Connecticut lead nation in home price gains for fourth consecutive month.
Fourth consecutive month of annual inventory growth sets stage for active spring homebuying season.
Record-breaking FTHB activity in 2023 sparks performance risk worries for mortgage-backed securities, urges industry adaptation to evolving market dynamics.
Net new listings plummet by 15.3% compared to last year, amid lingering pressure and low inventory, predicting a slow spring season ahead.
Core PCE index's rise underlines inflation concerns and makes it unlikely the Fed will cut interest rates anytime soon.