Analysis and Data
Weekly survey from Mortgage Bankers Association shows decrease in purchase and refinance applications.
The latest CoreLogic S&P Case-Schiller Index shows home prices remain resilient amid higher borrowing costs.
The consumer confidence index fell to 97 in April from March’s 103.1 reading.
FirstClose survey shows significant lack of awareness among consumers, but lenders can help.
Lock-in effect shows signs of easing
If 2022 was bad, more expenses, fewer sales, and thinner margins in 2023 makes 2024 a make-or-break year for many.
Affordability dipped 5% YOY.
Redfin says sellers are cutting their asking prices in the two southern states.
National Association of Realtors reports gains in Northeast, South and West, with a slight drop in the Midwest
The 30-year FRM averaged 7.17% as of April 25, 2024, up from last week, when it averaged 7.10%.