Analysis and Data

Freddie Mac Posts Strong Q1 Earnings Report

Net income rose 13.2% from Q4, but was down 47% from a year earlier.

Analysis and Data
Mortgage Applications Fell Despite Decline in Rates

Application volume decreased 1.2% after rising in six of the previous seven weeks.

Analysis and Data
Annual Home Price Growth In March Lowest Since 2012

Home prices grew for the 134th consecutive month.

Analysis and Data
Fannie Mae Earnings Rebound In Q1 2023

Enterprise sees net income increase 165% from the previous quarter.

Analysis and Data
Mortgage Economic Review For May 2023

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

Analysis and Data
PennyMac Financial Q1 Profit Down 82.5% YOY

Loan originations are down but servicing portfolio continues to grow.

Analysis and Data
Lack Of Inventory Keeping Home Prices From Falling Faster: Redfin

For the four-week period ended April 23, new listings of homes for sale fell 22.4%.

Analysis and Data
Report: Homebuyer Assistance Programs Increased Slightly In Q1

Down Payment Resource survey finds programs rose 0.5%, and that a majority are forgivable.

Analysis and Data
30-Year Mortgage Rate Continues To Inch Up

Average for 15-year fixed rate fell last week.

Analysis and Data
Pending Home Sales Fell In March To 4-Month Low

NAR's Pending Home Sales Index fell 5.2% to 78.9 in March, the lowest level since November 2022.

Analysis and Data