Analysis and Data
While downward trend continues, there are some signs of deterioration in post-forbearance workouts.
N.Y. Fed says quarterly increase of 0.9% due mostly to non-housing-related debt.
Why women are the most impacted by the great mortgage layoff of 2023
Redfin says inventory is down nearly 20% YOY, but homes for sale are flying off the market.
Both 30- and 15-year fixed rates decreased this week.
The 3.56% rate was the lowest for any first quarter since MBA’s survey began in 1979.
In Q4 2022, originations fell 65% year over year, the largest decline since TransUnion began tracking it.
The 10% drop followed a 20% month-over-month increase in March.
NAR Chief Economist says he expects Fed to stop boosting rates.
Pontiac, Mich.-based lender tops Rocket in originations for third-straight quarter.