Analysis and Data

This marks the largest annual decrease in profit margins since early 2009 when the housing market crashed.

65% of mortgage lenders believe profit margins will decrease throughout the next 3 months.

Homeowners’ equity has been pushed to record heights, but the housing boom is increasing property taxes to levels they can’t afford. 

Overall, the MCAI fell 0.6% in November to 124.9, which indicates that lending standards are tightening.

The latest Loan Performance Insights report from CoreLogic takes a look at September 2021 mortgage delinquencies as they move toward pre-pandemic levels.

The November 2021 mortgage rate-lock volume was down 26% year-over-year and down 5% month-over-month across all channels.

The homebuying process, in its entirety, was changed by the COVID-19 pandemic which spurred record-breaking activity within the housing industry. A new report revealed 10 housing records of 2021 that highlight just how the pandemic affected the industry.

A new report from CoreLogic revealed that homeowners gained more than $3.2 trillion in equity in Q3 2021, with 70,000 residential properties regaining equity compared to the previous quarter.

The real estate industry has a problem that can be a solution for BIPOC (Black, Indigenous and people of color) and women whose financial lives have been disproportionately stung by the pandemic.

The Mortgage Economic Review is a monthly summary of Key Economic Indicators, Data, and Events pertinent to Mortgage and Real Estate Professionals.