Analysis and Data

Growth In Mortgage Payments Outpace Rent By 67%

The national median monthly mortgage payment for homebuyers rose 67% faster than rents in August.

Analysis and Data
Top 10 Home-Purchase Mortgage Lenders in Q2 2021

Quicken Tops The List, With UWM Trailing Close Behind

Analysis and Data
A pedestal displays 1, 2, 3.
Mortgage Banker
Mortgage Credit Availability Increased in August

Index Posts Second Consecutive Monthly Increase

Analysis and Data
Tropical Storm Ida Causes $16b To $24b In Losses For The Northeast Region

Total insured flood loss for residential and commercial properties in the Northeast is estimated to be between $5 billion to $8 billion.

Analysis and Data
Mortgage Rates Continue To Hold Steady

Freddie Mac's Primary Mortgage Market Survey reported a very slight increase in the 30-year fixed-rate mortgage, moving from 2.87% to 2.88% for the week ending Aug. 9, 2021.

Analysis and Data
Optimism Weakens And Financial Stress Heightens

The latest IBD/TIPP Economic Optimism Index, a national poll that measures consumer confidence, dropped for the third consecutive month.

Analysis and Data
Lenders Anticipate Tighter Profit Margins In Q3

For the fourth consecutive quarter, mortgage lenders expect near-term profitability to decrease, according to Fannie Mae’s Mortgage Lender Sentiment Survey.

Analysis and Data
Average Down Payments More Than $46K In 50 Largest Metros

With home prices rising at record rates, so to are down payments. Especially those in the 50 largest metros in the U.S.

Analysis and Data
Is The Fed Ready To Fall Back?

The U.S. Federal Reserve and Mortgage Rates

Analysis and Data
A close-up on the federal reserve seal on a 20 dollar bill.
Mortgage Banker
Value Proposition

What MLOs need to know about housing and inflation

Analysis and Data
A Mortgage advisor explains inflation to his clients
Mortgage Banker