• Quarterly Refinance Report

    U.S. households own real estate worth over $25 trillion and have mortgage debt of just $10 trillion for over $15 trillion in net homeowner equity. More

  • Mortgage Market Expected to See Modest Growth in 2019

    After peaking last fall, mortgage interest rates have fallen at the start of 2019. As of the week of February 14, 2019, the 30-year fixed-rate mortgage rate was down from a year ago. The decline in mortgage interest rates could provide some welcome relief to a housing market that is looking to regain momentum. More

  • While Seniors Age in Place, Millennials Wait Longer and May Pay More for their First Homes

    Eighty-somethings Al and Rose have no desire to leave their home of decades. Meanwhile, thirty-somethings Alex and Rita can't wait to buy their first home. But they have to wait longer-and pay more-than they'd like, as long-time homeowners stay in their homes and keep them off the market. More

  • Mortgage Market Stays the Course

    After softening for much of 2018, the housing market remains stable after a boost from lower mortgage rates and slowing home price growth. More

  • Multifamily 2019 Outlook

    In our research, we find that performance in the multifamily market remained healthy during 2018, despite high levels of new supply entering the market. We expect this trend to continue into 2019, but with more modest growth in comparison to recent year. More

  • The Major Challenge of Inadequate U.S. Housing Supply

    In the last 10 years, since the Great Recession, the economy has expanded greatly, but the housing market still has not recovered. Since 2011, residential housing construction has increased, but only gradually. More