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As Mortgage Rates Rise, Half Of Homeowners Say 'So What?'

About half (51%) of homeowners have a rate under 4% — substantially below today’s level of 5%.

Analysis and Data
Led By Multi-Family, Housing Starts Rose In March

Economist: Builder sentiment remains higher than pre-pandemic, as several long-term trends continue to boost demand for new construction.

Analysis and Data
Number Of Loans In Forbearance Continues To Drop

The MBA's Loan Monitoring Survey revealed that the total number of loans now in forbearance fell 13 basis points.

Analysis and Data
CMG Financial Opens Chattanooga Branch

Tennessee location will be run by branch manager Janet Hillis Reimann

People On The Move
Building Materials Prices Continue To Increase

Prices increased 20.4% annually and have risen 33% since the start of the pandemic.

Construction
Consumers Expect Inflation To Continue To Rise In The Next Year

Survey respondents also expect to lose access to credit and spend more for household goods.

Analysis and Data
March Inflation Heavily Impacted By Russia-Ukraine War, Fannie Mae Reports

March inflation reports were heavily impacted by the energy price spike caused by Russia’s invasion of Ukraine.

Analysis and Data
Housing Market At 'Inflection Point' As Home Builder Confidence Falls Again

NAHB/Wells Fargo Housing Market Index falls for fourth straight month.

Analysis and Data
Consumer Lending Boosts Bank of America’s 1Q Earnings

Net earnings down 13% YOY, better than other major banks.

Industry News
Houwzer Names New Executive Chairman, CMO

Former GrubHub president joins Philadelphia-based brokerage.

Industry News