Analysis and Data
Coming Up:
Fannie Mae: Economic Slowdown Resumes, Modest Means Modest
ESR Group maintains predictions of a "modest recession" beginning in the second half of 2023.
Delinquency Rate Falls Below 3% In March, 1st Time On Record
Black Knight says rate hit 2.9%; First American RHPI shows a wave of foreclosures unlikely.
After Weeks Of Decline, Mortgage Rates Increase
Freddie Mac's PMMS shows both the 30-year and 15-year fixed rates rose this week.
Zillow: Bidding Wars To Persist For Entry-Level Home Shoppers
Analysis finds rising prices for entry-level homes, coupled with low inventory, fan fierce competition.
NAR: Existing-Home Sales Slid 2.4% In March
Home sales are trying to recover and are highly sensitive to changes in mortgage rates, NAR economist says.
As Recession Looms, MBA Lowers Its Mortgage Volume Estimate
Prediction for mortgage loan origination volume has fallen in each month this year; now at $1.8T.
Fannie Mae: Home Prices Grew Nearly 5% YOY
Home Price Index shows prices grew 4.7% annually from Q1 2022 to Q1 2023.
Mortgage Applications Fall As Rates Rise
The 30-year fixed rate increased 13 basis points to 6.43%.