Analysis and Data

30-Year Fixed-Rate Mortgage Down Three Basis Points

Rates will need to decline another percentage point to entice buyers, Freddie Mac says

Analysis and Data
Existing Home Sales Still Sluggish

First-time homebuyers accounted for 30% less purchases this June

Analysis and Data
Abandoned Homes In Foreclosure Down 20% Annually

ATTOM attributes the decline in foreclosure rates and the low number of zombie foreclosures to high homeowner equity.

Analysis and Data
Mortgage Activity Slows Following Spike In Applications

Led by a drop in refinance activity from record-highs, applications decrease

Analysis and Data
Fannie Mae Lowers Home Sales Forecast

In its latest commentary, the GSE's research group doesn't expect a notable sales boost until well into 2025

Analysis and Data
IMBs Post Net Production Profits After Two-Year Slump

Although revenue fell slightly, average production costs dropped by about $1,800 per loan.

Analysis and Data
Real Estate Brokerages See Slight Rise In Profitability In First Half Of 2024

Ramifications of NAR settlement to strain profits for lean-margin real estate brokerages

Analysis and Data
July Marked The Seventh Consecutive Month Of Slowing Annualized House Price Appreciation

First American also reported house prices nationally are now 55% higher compared to pre-pandemic levels, while Redfin reported a 0.2% uptick in home prices.

Analysis and Data
July's Pending Home Sales Hit Historic Low

More home-purchase agreements canceled than any other July on record

Analysis and Data
First American: House Price Appreciation Changes Rent-Versus-Own Dynamic

Renting was cheaper in 48 of the top-50 markets in Q2 2024, but only 29 states when accounting for home equity gains

Home Equity
Analysis and Data