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Analysis and Data
Coming Up:
Midwestern Metros Offer Best Option To First-Time Buyers
Areas with more affordable housing should see relatively healthier markets and stronger sales in 2023.
MBA: Mortgage Applications Fall Again
The latest survey showed mortgage applications decreased 1.9% from last week.
LendingTree: 2 In 5 Americans Expect Housing Market Crash In ‘23
Inflation, high interest rates among reasons cited.
Redfin: 2023 Housing Market To Be Slowest In 12 Years
Predicts mortgage rates and affordability challenges will deter would-be homebuyers.
Mortgage Economic Review For December 2022
A summary & review of key economic data that affects the mortgage and real estate business.
November Mortgage Rate Lock Volume Fell 61% YOY
The volume of both rate/term and cash-out refi locks was down more than 86% YOY.
1 In 12 Mortgaged Homes Bought In 2022 Fall Underwater
Black Knight says the housing market correction has only just begun.
Q3 Mortgage Originations Fell 62% YOY
Milliman Mortgage Default Index shows dramatic drop, led by 87% decline in refis.
November Jobs Report Better Than Expected
Economists say that report will make Fed's job harder.
Homebuying Demand Up As Rates Decline
Redfin says falling rates luring buyers back to the market.