Analysis and Data

Freddie Mac Reports 30-Year Fixed-Rate Mortgage Averages 6.62%

Experts predict potential downward drift in mortgage rates, but many prospective buyers seek lower rates to enter the market.

Analysis and Data
Private Sector Employment Grows By 164,000 Jobs In December

ADP's National Employment Report reveals continued job growth, with December figures exceeding estimates and revising November numbers down slightly.

Analysis and Data
Redfin: Median Mortgage Payments Decrease

Median mortgage payment of $2,361 reported during the four weeks ending Dec. 31, marking a $372 per month decrease.

Analysis and Data
Fed Minutes Reveal Cautious Approach

Federal Reserve leaves the door open for increases.

Analysis and Data
Home Price Growth Remains Resilient In November

Annual home price surge balanced by recent moderation; improved affordability boosts purchase demand amidst holiday dip.

Analysis and Data
Mortgage Applications Drop 9.4% As Year-End Holiday Effects Linger

Holiday-adjusted data reveals a sharp decline in mortgage applications, with purchase activity down 12% from the previous year.

Analysis and Data
Homebuyer Relocations Hit 18-Month Low, Redfin Reports

Affordability, remote work constraints, and shifting destination preferences contribute to the decline in homebuyers' relocations.

Analysis and Data
Home Affordability Remains Challenging In Q4

Housing market struggles with affordability as home ownership costs remain high.

Analysis and Data
ICE Reports: Mortgage Delinquencies Low Despite Seasonal Increase, Concerns For FHA And VA Loans In 2023

National delinquency rates show slight increase but remain low, as FHA and VA loans face rising delinquencies; GSE mortgages stay resilient amid overall positive mortgage performance trends.

Analysis and Data
Improved Homebuyer Affordability In November, Says MBA Report

Homebuyers experience some relief with decreasing mortgage payments.

Analysis and Data