Analysis and Data
As mortgage rates rise, home sale prices were essentially unchanged YOY for the 1st time since 2015.
The 30-year fixed mortgage increases to 6.5%, highest since November 2022.
Numbers still rising gradually since foreclosure moratorium ended in 2021.
STRATMOR Group report says lenders can partner with wealth managers for mortgage business.
The national median payment applied for by purchase applicants increased 2.3% to $1,964 in January.
Bay Area housing market lost the most in percentage terms.
Analysis by The Urban Institute finds growth was driven by young, high-earning, highly educated borrowers.
Volume decreased 13.3% in MBA weekly survey, the third decline in four weeks.
January marks 12th straight month of declines.
ESR Group says strong economic start to the year won't last.