Analysis and Data

Following ten weeks of sub-3% averages, Freddie Mac's Primary Mortgage Market Survey reported that the 30-year fixed-rate mortgage averaged 3.02%.

With spiking home prices in the second quarter of 2021, home affordability for average workers took another hit.

A survey from Realtor.com reported that more than 40% of aspiring Gen Z homeowners plan to purchase a home within the next five years.

The 2020 ServiceLink State of Homebuying Report includes insight from over 1,000 homeowners to examine whether high home prices and low inventory had an impact on their decision to move.

A survey conducted by Lombardo Homes of more than 1,000 millennials revealed that there are still some challenges for millennials to overcome in order to secure a home.

In May of 2020, 7.48% of financial hardship accounts represented mortgage delinquencies. A year later, only 4.07% represented mortgage delinquencies.

A survey from Zillow reported that despite record-low mortgage rates, 78% of homeowners passed up on the opportunity to refinance their home.

Mortgage refinances increased for the second consecutive week after weeks of declines, despite a slight jump in rates.

Existing homeowners hamper with the housing market by choosing to remain in place and not list their homes for sale.

A new report revealed that new listings are holding up better than pending sales and are inching quite close to 2019 levels.