Analysis and Data

Earnings snapshot shows ongoing cuts, servicing stemmed the bleeding amidst higher rates.

Refinance activity improved, but purchase lending and HELOCs declined.

MBA's PAPI went up, which means affordability is declining.

Industry insiders share insights on the housing market's future.

Despite a 50 basis point decline in rates over past six weeks, purchase activity remained approximately 20% lower than the previous year.

Four separate indexes released Tuesday show increases in home prices as much as 5.5%.

October 2023 sees a 5.6% decrease in new single-family home sales compared to September, yet records a robust 17.7% compared to October 2022.

Economic and Strategic Research Group forecasts home sales to be the lowest since 2010.

30-Year Mortgage Rates Drop to 7.29% as Mortgage Applications Rise by 3%

First American's Potential Home Sales Model forecasts continuation of 2023's market trends