Analysis and Data

Delinquency rate near-record-low trend; foreclosure starts remain below pre-pandemic levels.

Freddie Mac survey finds the average rate for a 30-year mortgage slipped to 6.78%.

‘First-half of the year was a downer,’ as sales fell 23%.

Applications, however, fell 5% from May, due in part to rising mortgage rates.

Profit margins on typical sales nationwide increased after 3 quarterly declines. 

Potential Home Sales Model suggests sales pace will begin to settle into a new normal.

Decline a surprise following report of growth in builder confidence.

A decline in mortgage rates mostly boosted refinance applications.

A resilient labor market drove forbearance rates lower, the MBA says.

NAHB/Wells Fargo index increases for 7th straight month.