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Analysis and Data
Coming Up:
Economy Adds 199,000 Jobs in November; Unemployment Rate at 3.7%
Construction sector remains flat.
Mortgage Rates Hit Lowest Level Since August, Just Above 7% Threshold
Decline in mortgage rates driven by economic signals, but lenders await further drops.
CoreLogic: Home Equity Up 6.8%
Average homeowner gains over $20,000 in wealth.
Fannie Mae's Index Shows Ongoing Consumer Pessimism
Home Purchase Sentiment Index reveals gloomy outlook among homebuyers.
Housing Affordability Hits Record Lows in 2023
But 2024 offers hope.
Freddie Mac Leads Effort To Standardize, Streamline Down Payment Assistance Programs
Initiative aims to remove confusion and improve access for homebuyers seeking down payment assistance.
Private Sector Adds 103,000 Jobs In November, Pay Growth at 5.6% Year-Over-Year
Economist predicts moderate hiring and wage growth for 2024 as recovery momentum slows.
Mortgage Applications Increase 2.8%
Refinancing activity gains momentum from lowest mortgage rates since August 2023.
Redfin Predicts 2024 Will Be The Year Homebuyers Catch A Break
Home prices will fall, new listings rise, and mortgage rates will stay above 6%.
US Home Price Growth Continues Slow But Steady Increase In October
CoreLogic projects that annual home price growth will relax to 2.9% by October 2024.