July's 5% annual price gain down from June’s 5.5%.
Tagged: CoreLogic
The average borrower has gained $129,000 in equity since the start of 2020, per CoreLogic
Purchase locks sank 16% year over year, despite August being the most affordable month for home buying since February.
CoreLogic determines how many loans would be ripe for a refi if rates drop again
Despite year over year increases in all nine Census divisions, price appreciation is slowing overall
Higher-priced properties see largest price gains as investor purchases and market share rise
A growing share of borrowers are over-leveraged as piggyback mortgages rise in popularity and necessity
CoreLogic forecasting only small increase by next summer
Cooling demand in May and June put downward pressure on price gains
A lack of buyer affordability has more Americans supporting rental demand as investor sentiment grows.