Analysis and Data
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.
Construction sector remains flat.
Decline in mortgage rates driven by economic signals, but lenders await further drops.
Average homeowner gains over $20,000 in wealth.
Home Purchase Sentiment Index reveals gloomy outlook among homebuyers.
But 2024 offers hope.
Initiative aims to remove confusion and improve access for homebuyers seeking down payment assistance.
Economist predicts moderate hiring and wage growth for 2024 as recovery momentum slows.