Housing and Economic Research
Original research and analysis on housing trends, the economy and the mortgage market
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Outlook | September 21, 2023
Economic, Housing and Mortgage Market Outlook – September 2023 | Spotlight: Hispanic Homeownership Gap
While overall economic growth has been resilient, the labor market shows signs of cooling off, with job openings down and job growth softening. The labor market slowdown may help reduce inflationary pressures. More
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Outlook | August 17, 2023
Economic, Housing and Mortgage Market Outlook – August 2023 | Spotlight: Refinance Trends
U.S. economic growth remains on firm ground, with strong consumption spending and a tight labor market. Although housing market activity has slowed, a demand-supply imbalance is causing a rebound in home prices. 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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Outlook | July 24, 2023
Economic, Housing and Mortgage Market Outlook – July 2023 | Spotlight: Rate Lock-In Effect
The U.S. economy grew at its long-run average rate of 2% during the first quarter of 2023 and the labor market remains strong with an unemployment rate below 4%. The housing market has been impacted by high rates with millions of U.S. homeowners locked into previously low mortgage rates and content to remain in their current homes, helping to keep inventory low. More
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Consumer Research | June 21, 2023
Housing Sentiment in the Second Quarter of 2023
In the second quarter of 2023, consumer confidence remains unchanged while housing affordability and payment concerns continue to be top-of-mind. More
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Outlook | June 16, 2023
Economic, Housing and Mortgage Market Outlook – June 2023 | Spotlight: Homeownership Rates
The U.S. economy is stalling as higher interest rates weigh on interest rate-sensitive sectors like housing. But the U.S. consumer has been resilient, and the broader economy has weathered several adverse shocks over the past year and a half, avoiding a recession so far. More