Analysis and Data
Coming Up:
$25K Down Payments Still Exist In Some U.S. Metros
The sum would cover 10% of the down payment in 17 of the largest US metros, Realtor.com reports.
Feast, Then Famine
Business lost to ‘lock-in effects’ will compound for years, warns a team of FHFA economists
Mortgage Banker
Market For Second Homes Not What It Once Was
Mortgage-rate locks on second-home mortgages fell 13.1% from last year in August
Your Community Needs Affordable Mortgages— And So Do You
Such programs grant lenders access to referral, cash flow, and marketing opportunities
Mortgage Banker
Gen Z Prioritizes Financial Planning, Not Debt Solutions
Survey shows HR leaders and managers are out of touch with Gen Z employees
Lower Mortgage Rates A Boon For Monthly Payments
Despite continued high home prices, housing payments are down to lowest level in eight months
August 2024 Saw Monthly, Yearly Drops In Foreclosures: ATTOM
August 2024 saw 30,227 U.S. properties with foreclosure filings.
Interest Rate Cut Reinforced By Wednesday's Inflation Data
Consumer Price Index makes smallest annual increase in three years
Refinance Wave Gains Height And Speed In August
Purchase locks sank 16% year over year, despite August being the most affordable month for home buying since February.
Refinance Activity Up 106% From Last Year MBA Reports
As mortgage rates tick down, refinances tick up