Analysis and Data
Lower mortgage rates and rebounding sales are on the horizon.
Investors who bought homes with cash accounted for 62.9% of flipped homes in Q3 2023.
While the Shelter Index remains high, experts see an opportunity for a decrease in mortgage interest rates.
MCAI dropped 1.7% in November.
The latest MBA report shows a marked increase in mortgage activity, driven by falling rates and a positive shift in market sentiment, despite challenges in purchase volume and inventory.
Starter home price growth remains robust in many markets.
Further cooling inflation a good sign for mortgage rates, analysts say.
Despite a 10% drop in lock volume, low rates drive refinance to highest level since February; credit scores and loan amounts see changes.
New ATTOM report reveals annual increase in foreclosures, but a notable monthly decline amid market cycles.
Zillow report reveals decreased mortgage costs, increased inventory, and price cuts as buyers navigate a challenging market.