Analysis and Data

Mortgage Rates Fell For The Third Straight Week

The 30-year fixed-rate mortgage averaged 6.87%.

Analysis and Data
Housing Starts Hindered By Barriers To New Construction

Single-family building permits drop to lowest level in a year

Construction
Analysis and Data
Lack Of Financial Knowledge Leads Borrowers To Overpay

The Philadelphia Fed's study finds limited borrower sophistication may provide lenders with market power.

Analysis and Data
Home Price Appreciation 'Normalizing' Nationwide

First American Data & Analytics reports May home price index 5.9% higher YOY

Analysis and Data
Home Flipping Activity, Profits Rise During Q1 2024

The flipping rate rose for the second straight quarter while investment returns reached 30% nationwide.

Investor Loans
Analysis and Data
Home Price Growth Plateaus In May As Sales Activity Slows

Cooling inflation is cooling home prices, Redfin report indicates

Analysis and Data
The U.S. Is Now Short 4.5 Million Homes

From 2021 to 2022, Zillow reported that the U.S. housing shortage grew to 4.5 million homes, up from 4.3 million.

Analysis and Data
Single-Family Rental Prices Level Off In April

Year-over-year growth slowed for all market segments except higher-priced rental properties.

Analysis and Data
Non-QM
Home Sales Fell To Historic Lows In May

Only two months in past decade saw fewer home sales, Redfin reports

Analysis and Data
Mortgage Rates Continue To Move Down

The 30-year FRM averaged 6.95% as of June 13, 2024, down from last week when it averaged 6.99%.

Analysis and Data