Analysis and Data
Purchase locks sank 16% year over year, despite August being the most affordable month for home buying since February.
As mortgage rates tick down, refinances tick up
Credit standards loosen with uptick in cash-out refis and Non-QM loans, MBA reports
CoreLogic determines how many loans would be ripe for a refi if rates drop again
Federal Housing Finance Agency launches Mortgage Loan and Natural Disaster Dashboard, highlighting vulnerable communities, loans.
Negotiation around fees becomes more common in high-demand, low inventory markets
Regional variations in homebuyer sentiment likely a function of new supply variations in those regions, Fannie Mae reports.
BLS forecasts 25-basis point cut later this month
MCT reports rate lock volume up 3.33% in August
Home insurance costs are becoming a driving factor for relocation