Analysis and Data

Freddie Mac: Mortgage Rates Sluggishly Inch Up

As of July 21, the 30-year, fixed-rate mortgage averaged 5.54% with an average 0.8 point.

Analysis and Data
MBA: Recession Coming? Flip A Coin

Economic research team says there’s a 50% chance for a recession

Analysis and Data
Fannie Mae Predicts Recession Will Begin In 1Q 2023

Fannie Mae’s Economic and Strategic Research Group forecasts real GDP will increase 0.1% in 2022 and decrease 0.4% in 2023.

Analysis and Data
Expansion Of Community Reinvestment Act A Poor Fit For A Non-Problem

Equating non-bank mortgage companies to banks is misguided for several reasons.

Analysis and Data
Regulation and Compliance
A businessman looks as a large cube does not fit into a hole
Mortgage Banker
Market Potential Dwindling From Recent Highs

As the market adjusts to a post-pandemic norm with higher mortgage rates, housing market potential will subside from recent highs, according to First American.

Analysis and Data
Mortgage-Backed Securities & Adjustable-Rate Pricing

Learn The Various Components Of Securities In The Mortgage Sector

Analysis and Data
A notecard reading Mortgage Backed Securities
Mortgage Banker
Mortgage-Backed Security Primer

What Inversions And The Timing Mean For A Possible Recession

Analysis and Data
A business man looks at an inverted graph
Mortgage Banker
Existing-Home Sales Slid 5.4% In June: NAR

Sales have declined for five straight months.

Analysis and Data
Redfin: Home Bidding Wars At Lowest Level In Over 2 Years

The competition rate dipped below 50% in June for the first time since the start of the pandemic.

Analysis and Data
MBA: Mortgage Applications Drop Over 6% From Last Week

The MBA’s Market Composite Index decreased 6.3% on a seasonally adjusted basis from last week’s data.

Analysis and Data