Analysis and Data
Today Freddie Mac released the results of the Primary Mortgage Market Survey (PMMS) which shows that the 30-year-fixed-rate mortgage (FRM) averaged 2.87%.
Households that are burdened by housing costs are more likely to need food assistance, according to a report from the National Association of Realtors.
The median home sale price now stands at $361,225, a 16% increase, according to a new report. Despite this rise in home price, sellers are beginning to drop their asking price at an increased rate.
IMB reported a net gain of $2,023 on each loan they originated in the second quarter, lower than the reported $3,361 net gain on each loan in the first quarter of 2021.
Reports Show Sales Up From June, But Mixed Year-Over-Year
MBA Weekly Survey Finds 3.25% Of Servicers' Portfolio Volume In Mitigation Plans
Nationwide Survey By Mphasis Also Finds Homeowners Feel ‘Stuck’ In Their Homes
1.45M Loans Remained Seriously Past Due As Foreclosure Moratorium Expired
Report Notes That Black, Hispanic Borrowers Faced Higher Rates, More Denials
Market Conditions Still Improved Slightly For Homebuyers As Competition Eased