Analysis and Data

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

32.3% of Redfin users looked to move to a less expensive metro area.

Rapid rise in mortgage rates slows purchase originations and refinances.

Increases in energy, food, and shelter costs drove the increases.

Just 3.3% of all mortgages in delinquency, lowest rate in 23 years.

NY Fed finds pessimism abounds on inflation, jobs and credit availability

MBA says 2021 was still ‘stellar,’ but difficult times are ahead for 2022

Increase likely due to homebuyers moving to lock in loans as rates rose at fastest pace in 13 years.

Home price inflation reaches new heights, giving rise to median home prices of $500K

Some segments showed improvement in March 2022