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Economic & Housing Research

Life's a Beach

Insight | April 26, 2016

So you've always dreamed of living at the beach, but you're discouraged by the high price of beachfront property? Not to worry. We've found just the place for you. Three bedrooms, two baths, just under 2,000 square feet.  Zillow®'s estimate of the value of the home is $105,398, but the listed price was recently reduced to $54,900. Oh, one more thing. According to the information on Zillow, the property is "Located very close to 'Wash Away Beach,' home…will have to be moved off the property soon due to the land eroding away."

Read More

Economic outlook darkens, but housing remains bright spot

Outlook | April 22, 2016

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Insight | March 31, 2016

Housing will have its best year in a decade

Outlook | March 31, 2016

More Commentary

Market Dashboard

Forecast Snapshot

Full Year 2016 as of May
30-Yr FRM
3.9%
Originations
1,725 ($B)
Home Sales
5.92 (M)
House Price Growth
4.8%

Current Outlook Commentary & Forecast

Primary Mortgage Market Survey®

Average Rates as of May 19, 2016
30-Yr FRM 15-Yr FRM 5/1-Yr ARM
3.58% 2.81% 2.80%
0.6 Fees/Points 0.5 Fees/Points 0.5 Fees/Points

This Week's Survey

Freddie Mac Multi-Indicator Market Index®

National MiMi – March, 2016
Mimi This Month
83.8
Monthly Change
+1.00%

This Month's MiMi

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