Analysis and Data

Mortgage Economic Review For June 2022

A summary and review of key economic data from May that affects the mortgage & real estate industry.

Analysis and Data
Fannie Mae Book Of Business Shows Slower Growth

Coming off a hot March, April 2022 increase is lowest since July 2021.

Analysis and Data
Mortgage Applications and Interest Rates Both Decline Again

According to the latest Mortgage Bankers Association weekly mortgage application survey, applications decreased by 2.3% from last week.

Analysis and Data
FHFA: House Price Increases Are Cooling

House price index showed strong quarterly growth, but an April decline

Analysis and Data
Home Prices Continued To Surge In March

S&P CoreLogic Case-Shiller Index posts 20.6% year-over-year in March, highest in its 35-year history

Analysis and Data
First American: Housing Market Slowing by Design

Title company’s chief economist says history shows rising mortgage rates may take the steam out of rising house prices, but don’t necessarily trigger a decline.

Analysis and Data
Pending Home Sales Down Again

Sixth consecutive month of declines

Analysis and Data
Fixed-Rate Mortgages Decrease

Adjustable rate mortgages going up.

Analysis and Data
Homebuyer Affordability Drops With Jump In Monthly Payments

The national median payment applied for by applicants jumped 8.8% in April to $1,889 from $1,736 in March.

Analysis and Data
Sunbelt Cities Remain Top Destinations Despite Rising Home Prices

Miami, Phoenix, and Tampa are the top three places for New Yorkers and Los Angelenos.

Analysis and Data