Monday, April 12th, 2021

For Week Ending April 3, 2021 The University of Michigan’s latest Consumer Sentiment Index came in at 84.9 points, up from 76.8 in February and the highest level since last March’s 89.1 reading. The index is an economic indicator of … Continue reading

Posted in Weekly Report |
Monday, April 5th, 2021

For Week Ending March 27, 2021 As the spring market is in full swing and home prices are ticking up, mortgage rates have moved higher in recent weeks as well. Freddie Mac reports that the national average rate for a … Continue reading

Posted in Weekly Report |
Monday, March 29th, 2021

For Week Ending March 20, 2021 Real estate data firm ATTOM Data Solutions reported that the number of homes flipped by investors decreased in 2020 for the first time since 2014. For this study, ATTOM defined a home flip as … Continue reading

Posted in Weekly Report |
Monday, March 22nd, 2021

For Week Ending March 13, 2021 Freddie Mac reported that cash-out refinancing activity surged 42% in 2020 compared to 2019, as homeowners cashed out $152.7 billion in home equity, the highest level since 2007. Low interest rates and strong appreciation … Continue reading

Posted in Weekly Report |
Monday, March 22nd, 2021

Mortgage interest rates ticked a bit higher in February, but remain below their February 2020 levels.

Posted in Monthly Skinny Video |

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