Analysis and Data
The share of households reporting it is harder to obtain credit than one year ago rose, reaching a series high.
'This continues to be an incredibly rate-sensitive housing market.'
Fannie Mae survey finds a large majority of consumers believe it's a bad time to buy a home.
Unemployment rate dipped to 3.5%.
NAR economist sees 'a clear possibility' of rates falling below 6% by year's end.
Annual report says IMBs, on average, lost money on originated loans for the first time in since report was founded in 2008.
The 4.4% year-over-year growth was the lowest since before the pandemic.
The Market Composite Index decreased 4.1% as both purchase and refi applications fell.
Black Knight's Mortgage Monitor Report says prices rose the most month over month since May 2022.