Analysis and Data

Mortgage Economic Review For August 2022

Summary & review of key economic data that affects the mortgage and real estate industries.

Analysis and Data
HouseCanary: Single-Family Rental Market Trends

Demand has not yet subsided across much of the country.

Analysis and Data
Construction Spending Dips In June As Single-Family Home Building Fell

Construction of single-family homes decreased 3.1% in June from May.

Analysis and Data
June Housing Inventory Up Most In Over 12 Years As Price Growth Slows

Black Knight Mortgage Monitor Report says home listings rose 22% while price growth slowed 2%.

Analysis and Data
Fannie Mae Says It's $262B Short Of Being Fully Capitalized

CFO cites figure as GSE releases its 2Q earnings report.

Analysis and Data
Industry News
Homebuyers Regain Interest After Mortgage Rates Drop Half A Point

The uptick in early demand, however, has not carried through to home purchase contracts or sales.

Analysis and Data
Mortgage Rates Dipped This Week

Freddie Mac’s weekly Primary Mortgage Market Survey shows fixed mortgage rates decreased as purchase demand continued to tumble.

Analysis and Data
Q2 2022 Still A Seller's Market

Profit margins on single-family homes and condo sales hit another record of 55.5%.

Analysis and Data
MBA: Housing Affordability Mostly Unchanged In June

The national median payment applied for by applicants was down just four dollars to $1,893 in June from $1,897 in May.

Analysis and Data
NAR: Pending Home Sales Fell Nearly 9% in June

The Pending Home Sales Index (PHSI) dipped 8.6% to 91.0 for the month of June.

Analysis and Data