Analysis and Data
The Global Digital Lending Platform Market was valued at $7.14 billion in 2020 and is projected to reach $27.07 billion by 2028.
The latest developments from this study reveal that most consumers have exited the payment assistance they received at the start of the pandemic.
Inflationary pressures have finally forced the Federal Open Market Committee (FOMC) to discuss raising interest rates and tapering its bond-buying program.
Mortgage applications jumped 16% from one week earlier for the week ending on July 9, 2021.
After a year-long surge in demand for vacation homes, the number of buyers who locked in rates to purchase a second home fell 11.1% year-over-year.
Forbearance accounted for 3.87% of servicers' portfolio volume in the prior week, but dropped to 3.76% as of July 4, 2021.
The percentage of purchase activity to total closed loans among millennials has increased for the third consecutive month.
The home flip rate represented just 2.7% of all home sales, which is its lowest level since the year 2000.
Hispanic homeowners in the U.S. are more likely to receive financial help on making their housing payments, than any other race or ethnic group in the country, according to Redfin.
The Great Reshuffling emerged from the COVID-19 pandemic, as more workers were given the opportunity to work remotely.