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Analysis and Data
Coming Up:
Overall Mortgage Credit Is Tightening
Some segments showed improvement in March 2022
FHFA Suspends Mortgage Foreclosures
Prohibits servicers from foreclosing on mortgages backed by Fannie Mae or Freddie Mac
Median Home Prices Spike 16% Year Over Year
Houses are less affordable in nearly 80% of all U.S. counties.
Consumer Pessimism On Mortgage Rates Hits New High
Over two-thirds of respondents expect mortgage rates to go up in next 12 months
Housing Bubble Pop Likely If Mortgage Rates Hit 5.75%
It may not be as destructive as 2008 due to some factors
Daily Mortgage Rates Top 5%
Threshold broken faster than expected, but rates are in flux.
Renters of Color Pay Higher Security Deposits
Asian Americans/Pacific Islanders pay the most
Mortgage Refinancing Continues Sharp Application Decline
MBA says overall mortgage volume continues to decline, driven by high rates
Younger Homebuyers Heading To The Country’s Midsection
Homebuyers 30 and younger can't afford California and Florida
Home Prices Appreciate Rapidly In Warmer Regions Of The U.S.
The primary culprit for rapid price gains are the record low number of homes for sale, according to CoreLogic.