Analysis and Data
Foreclosure starts and completions hit record lows nationwide.
Zillow recently analyzed data from the Home Mortgage Disclosure Act and found that Black mortgage applicants are denied a mortgage 84% more often than white applicants.
The Mortgage Economic Review is a monthly summary of Key Economic Indicators, Data, and Events pertinent to Mortgage and Real Estate Professionals.
Nearly half of those planning to move (46%) hope to buy a home.
The Fed faces a daunting task to control inflation amid the challenges presented by the pandemic.
The Refinance Index decreased 0.1% from the previous week and was 50% lower than the same week last year.
Household debt is on the rise with the average U.S. indebted household owing $155,622, according to NerdWallet Inc.
41% of participants said sales will grow this year, while 41% predicted a slowdown, according to Zillow's Home Price Expectations survey.
A new report reveals the mortgage delinquency rate fell to 3.8% in October 2021, marking the seventh consecutive month of declines.
The 2022 Best Markets For First-Time Home Buyers Report predicts the best cities and towns with the best combination of quality of life and affordability for young homebuyers.