Analysis and Data

A significant income increase required as housing affordability erodes. First-time buyers regain footing in the market.

CoreLogic's Home Price Index reveals robust growth of 4.5% in September; Northeast leads the surge.

Mortgage market experts weigh in on Moody's decision, highlighting complexities in debt rating and potential impacts on long-term mortgage rates amidst Congressional gridlock and unsustainable fiscal paths.

Optimal Blue Mortgage Market Indices report reveals significant increases, alters borrowing trends.

Inadequate supply of homes, discriminatory practices, and economic disparities continue to hinder Black homeownership.

High household debt and rising costs of living keep housing market stagnant despite rate decline.

Early-stage delinquencies rise according to MBA's report, while foreclosure starts stay low, suggesting resilience in the housing market despite concerns over increasing unemployment rates.

Elevated interest rates drive down borrowing activity, while home equity provides relief amidst rising delinquencies.

Survey reveals 78% of respondents believe economy on 'wrong track' with inflation as primary concern, while 85% see it as a 'bad time' to buy homes.

Purchase applications gain, but refinance remains subdued.