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Analysis and Data
Coming Up:
Mortgage Credit Availability Increases In July
Latest MBA report indicates loosening credit standards
Mortgage Rates Decrease To Lowest Level In Over A Year
The 30-year fixed-rate mortgage averaged 6.47%, down from last week's 6.73%.
U.S. Housing Market Nears $50 Trillion In Value
According to Redfin, the total value of the U.S. housing market grew 6.6% year over year.
Better Home & Finance Holding Company Reports Funded Loan Volume Up 45%
Better's Q2 2024 revenue was approximately $31 million, an increase of 41% from Q1 2024.
Home Prices Expected To Decelerate
CoreLogic forecasting only small increase by next summer
ATTOM Reports Median Home Values Increased In More Than Half Of Opportunity Zones
Median prices inside nearly half of the zones analyzed rose more than 10% quarterly and annually.
Refinance Applications Up 59% Year-Over-Year
Applications rose the week ending Aug. 2, MBA survey indicates
Fannie Mae HPSI Shows Signs Of Souring Consumer Sentiment
The Fannie Mae Home Purchase Sentiment Index (HPSI) revealed that only 17% of consumers think it's a good time to buy a home.
Homeownership Rate Lowest In Two Years
Census data for Q1 2024 indicates decreases in homeownership rate for people under 35 and over 65
UWM Holdings Reported Net Income Of $76.3 Million During Q2 2024
Net income dropped from Q1 2024's $180.5 million.