Analysis and Data
Black Knight, Inc.'s Mortgage Monitor Report for the month of May 2021 revealed that it was the month with the greatest single-month acceleration on record.
The firm’s brokers closed on 71 commercial mortgages, reaching the highest monthly total for 2021.
At June 30, 2021, NMI Holdings, Inc. reported 8,764 loans in default and a default rate of 1.86%.
PHFA announced that the newly signed state budget increased the allocation of tax credit by $1.5 million to now total $4.5 million
Despite the number of homes for sale slowly growing, the number of pending sales continued to slide as summer commenced.
Economists estimate it will take between $8.4 and $53 billion to prevent a new wave of evictions.
Freddie Mac's Primary Mortgage Market Survey reported that the 30-year fixed-rate mortgage averaged 2.98% for the week ending July 1, 2021.
The Federal Housing Finance Agency revamped its National Mortgage Database with new, expanded statistical products for the first time since 2018.
Homebuyers care most about affordability, transparency, and the time it takes to close.
In Florida’s housing market, potential buyers are better off postponing homeownership until prices cool down.