Analysis and Data

Florida Legislature Considering Proposal To Alter Homeowners' Coverage

Would require insurance companies to offer more limited policy options.

Analysis and Data
30-Year Fixed-Rate Mortgage Averages 6.63%

The trend indicates movement in the right direction for homebuyers.

Analysis and Data
Listings, Touring Up, But Sales Have Not Followed

Homeowners showed a greater willingness to list their homes in January 2024.

Analysis and Data
Housing Market Signals Early Signs Of Stabilization As Equity Levels Dip

The fourth quarter of 2023 witnessed a drop in equity-rich properties, signaling a potential shift in the housing market, while seriously underwater mortgages saw a slight increase.

Analysis and Data
Powell: No Anticipated Rate Cut In March

Decision on interest rate reductions will be assessed on a month-to-month basis, as Powell expresses growing confidence in inflation control.

Analysis and Data
Payroll Growth Slowed In January

Annual pay sees 5.2% year-over-year increase, but hiring slows across most industries, raising concerns of a labor market slowdown.

Analysis and Data
Planet Home Lending Discloses Ransomware Attack

Company attributes cybersecurity breach to vulnerability in third-party vendor software; provides credit monitoring for affected customers.

Analysis and Data
Mortgage Applications Dip 7.2% Amidst Holiday Adjustment

Mortgage Bankers Association reports a 7.2% drop in mortgage applications for the week ending January 26, 2024, primarily due to holiday adjustment.

Analysis and Data
Fannie Mae Economists Forecast Slow But Steady Recovery in Mortgage Industry

Economists anticipate gradual restoration of balance, expect Federal Reserve rate cuts to commence in May 2024.

Analysis and Data
Home Prices Up In November YOY, Latest Indices Show

Despite annual gains, 12 out of 20 cities see price decreases from month prior, CoreLogic reports.

Analysis and Data