Analysis and Data

Number slightly higher than expected, contradicting recession predictions.

Redfin reported that competition is easing in the housing market as mortgage rates and prices hit a tipping point.

More than a quarter of single-family homes bought by investors in the first quarter of 2022.

Over the last two weeks, the 30-year fixed-rate mortgage dropped by half a percent, as concerns about a potential recession continue to loom.

Fannie Mae index shows pessimism among buyers and sellers

As of May 19, the share of median income required to make the P&I payment had climbed to 33.7%, just shy of the 34.1% high reached in July 2006.

Rates fell for second-straight week, but purchase applications hurt by low inventory and affordability challenges.

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

Should lead to minimal excess housing supply and have no measurable reduction in housing prices.