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Analysis and Data
Coming Up:
Study Pinpoints Local Housing Deficits
Finds housing issues are hyper-localized within cities themselves, and by particular income categories
Mostly First-Timers Benefit from PMI
PMI supported nearly $300B in mortgages last year and bucks other homeownership add-on cost trends with 25% premium decline since 2017
Originations, Refinances, Home Equity Loans All See Gains
Originations climb 5% YoY in Q1 2025 thanks to 44% refi leap, while home equity market sees strongest growth in three years
Non-Conforming Loans Surge, Led By Record Non-QM Share
Originators finding more opportunities in investor-driven and self-employed borrower segments
Mortgage Applications Surge On Rate Drop, Refinance Activity Reaches April High
Refi apps claim largest portion in months as ARMs see 25% spike
Some Buyers Bet the House
With prices high and getting higher, homebuyers are purchasing — and hanging hopes on refi soon
Foreclosure Activity Rises, Rates Poised to Ease As Inventory Shifts
From FHA delinquencies to high refi potential — but low retention rates — ICE analysts outline housing market’s complexities
Milliman Reports Slight Uptick In Mortgage Default Risk
Borrower credit quality and refinance activity push mortgage default risk slightly higher in Q1, prompting lenders to reassess overlays and risk exposure
‘Subprime Tax’ Runs $3,400 A Year
Low credit scores cost Americans $1,330 more in mortgage interest each year
Mortgage Applications Rise As Rates Fall For Third Straight Week
Refinance activity claims highest share in months, MBA reports