Insights, Notes & Briefs
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Research Note | October 29, 2021
Refinance Trends in the First Half of 2021
In the first half of 2021, homeowners continued to take advantage of the low mortgage rates and increased home equity to refinance their properties, reducing their monthly payments and extracting equity through cash-out refinances. More
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Insight | October 25, 2021
Who Are the Future Borrowers? A Deep dive into their Barriers and Opportunities.
This report sheds light on the mortgage readiness, i.e., future homeownership potential, of young adults aged 18-45 based on their credit characteristics. More
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Research Note | September 20, 2021
Racial and Ethnic Valuation Gaps In Home Purchase Appraisals
To follow up on several stories of potential appraisal bias in various news outlets, Freddie Mac kicked off a study of whether minorities are more likely to receive an appraisal value that is lower than the contract price during purchase transactions. More
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Research Note | August 26, 2021
The Growth of Sole-person Households: Creating Even More Demand for Smaller, More Affordable Homes
One of the key changes in household composition is the increase in sole-person households. In the past 40 years, sole-person households have almost doubled in the United States. More
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Research Note | July 12, 2021
Has An Urban Exodus Occurred? Residential Environment Trends Shaping the Future of Where We Live
As we noted in a previous report, there was an observed shift of home purchases in the last decade, even before the onset of COVID-19, from urban areas to suburbs and rural towns. We went on to link several possible socioeconomic factors driving the ongoing trend of household migration away from urban areas. More
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Research Note | June 2, 2021
Rural Home Purchases Outpaced Urban Purchases Through the 2010s
The COVID-19 pandemic has increased interest in homeowner mobility. There has been a growing trend of moving away from urban areas as housing preferences have shifted towards larger homes that are more conducive to remote work and virtual learning. More