Analysis and Data

Mortgage Lenders See AI As Key To Operational Efficiency

Fannie Mae Survey: 73% of lenders now prioritize operational efficiency through AI and ML, marking a significant shift from 42% in 2018.

Analysis and Data
Mortgage Economic Review For October 2023

A summary and review of key economic data that affects the mortgage and real estate business.

Analysis and Data
U.S. Job Market Booms With 336,000 Positions Added In September

Leisure and hospitality sectors lead the surge, but transportation and warehousing see sluggish growth; economists warn of potential impact on lending activity.

Analysis and Data
Pandemic's Lasting Impact: A Reshaped Housing Market

Bright MLS study reveals surge in Mid-Atlantic home prices, shrinking inventory, and evolving buyer preferences driven by remote work and governmental policies.

Analysis and Data
Mortgage Rates Skyrocket To Highest Levels Since 2000

Homebuyers face affordability crisis as 30-year fixed rate hits 7.49%, amidst inflationary pressures and Federal Reserve uncertainties.

Analysis and Data
Housing Prices Continue To Climb Amid Inventory Crunch

Realtor.com and Veros Real Estate highlight persistent market challenges, but emerging affordability hubs offer glimmers of hope.

Analysis and Data
Mortgage Rates Reach 20-Year Peak, Eroding Homebuyers' Purchasing Power

Redfin details the ripple effect of soaring rates on home affordability.

Analysis and Data
Private Sector Job Growth Slows in September; Annual Pay Rises

Large establishments lose 83,000 jobs, offsetting August's gains.

Analysis and Data
Homebuying More Stressful Than Dating For 59% Of U.S. Buyers, Says Redfin Survey

High mortgage rates, limited housing options, and rising costs heighten anxieties, while perceptions of stress vary across generations and racial lines.

Analysis and Data
Mortgage Applications Hit Lowest Since 1996

30-year fixed rate sees its highest climb in 23 years, leading to a significant slowdown in the housing market.

Analysis and Data