Insights, Notes & Briefs
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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
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Research Note | May 12, 2021
Almost 50% of Black and Hispanic Borrowers Could Save $1,200 Annually by Refinancing
The recent record low mortgage interest rates provide many borrowers with an opportunity to save thousands of dollars by lowering their mortgage rate through refinancing. But a closer look at who is refinancing demonstrates that many borrowers who could benefit from refinancing still aren’t pursuing the option. More
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Research Note | May 7, 2021
Housing Supply: A Growing Deficit
In a recent "Perspectives" piece about the housing supply shortage, Freddie Mac's Chief Economist, Sam Khater highlighted the growing deficit that the industry has been facing, not only during the pandemic but even before the pandemic hit. More
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Research Note | March 5, 2021
Refinance Trends in 2020
This past year was a busy year for the mortgage market. While the economy was in recession, record low mortgage interest rates contributed to refinance activity reaching near record highs. Many borrowers saved thousands of dollars by lowering their mortgage rate through refinances. This Research Note highlights some of the key trends defining refinance mortgage activity in 2020. More
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Research Note | February 8, 2021
Mortgage Forbearance and Performance during the Early Months of the COVID-19 Pandemic
During the COVID-19 crisis, mortgage forbearance plans have played an important role in helping households manage their finances by providing short-term liquidity to mortgage borrowers. Mortgage forbearance plans temporarily remove the obligation of borrowers to make their monthly mortgage payment. More