Insights, Notes & Briefs
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Research Note | November 12, 2024
The Decline in Relative Housing Affordability and the Impact on Homebuyer Search Behavior
In this analysis, we use actual, detailed transaction data on rents, home prices, and mortgage payments for individual homes and borrowers to produce a new relative affordability measure. More
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Spotlight | September 21, 2023
Hispanic Homeownership Gap Declines to the Lowest Level in 20 Years
The homeownership gap between Whites and Hispanics of Mexican origin declined to the lowest level in 20 years. More
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Spotlight | August 17, 2023
Refinance Trends
Exhibit 2: U.S. Single-Family Refinance Originations - Bar chart of single-family refinance originations in 2022 US dollars. Average refinancing originations from 1990 to 2023 were 358 billion dollars per year. Higher mortgage rates mean refinance origination activity in 2023 has been at the lowest level in almost 30 years. More
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Research Brief | July 31, 2023
Temporary Mortgage Rate Buydown Activity Spiked in Late 2022, Now Becoming Less Common
In the second-half of 2022, temporary mortgage rate buydowns increased in popularity. However, several factors explain why temporary rate buydowns remain a niche market. More
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Spotlight | June 17, 2023
The Below-Median Income Homeownership Rate Is Surging
This research looks at homeownership rates broken out by income level and the surprising trend that has emerged in recent years. More