Analysis and Data

Less than one-third of U.S. home purchases were made with cash in 2024, a 3-year low

Four weeks of sliding has returned the 30-year FRM to 6.87%

Home inventory highest, demand lowest in five years, report finds.

Real estate commissions are trending back up, post-NAR settlement.

1 in 3 buyers now rely on AI during the mortgage process, survey finds.

Refinance applications jump 10% to highest level since October

Some buyers and sellers think they can wait out economic volatility and poor affordability

Higher rates and home prices worsen California's long-term affordability challenges

On the bright side, household incomes have achieved some stability

Industry ‘awaits potential shifts in interest rates’ for increase in activity, MCT says