Market Trends

A new Redfin survey revealed that nearly one-third of Black and Hispanic respondents faced some sort of discrimination while house hunting, while 22% of LGBTQ+ respondents also reported being discriminated against because of their sexual orientation.

"The higher interest rate environment had profound effects on the mortgage market in 2022, with borrowers paying much more in monthly payments,” said CFPB Director Rohit Chopra. Click through to read more on the CFPB’s analysis of 2022 HMDA data.

HUD has issued several grants geared toward research to address disparities in access to mortgage financing and homeownership for borrowers of color and other underserved groups.

The OCC has issued its findings on the performance of first-lien mortgages in the federal banking system during Q2, as 97.3% of mortgages were found current and performing at the end of the quarter, compared to 97.6% in Q1.

A partial shutdown of government operations would result in the closing of some federal housing, mortgage, and other programs of interest to the housing industry if Congress is unable to agree on the provisions of a Continuing Resolution to fund the federal government by September 30.

U.S. housing supply jumped to 7.8 months at the current sales rate in August, the highest measure recorded since March 2023, as the inventory of completed homes for sale continued to climb, hitting its highest level since April 2020.

Redfin reports that a record share of homebuyers nationwide are relocating to areas facing increasing climate risks, including metros that are often faced with extreme wind/hurricane risk and flooding.

The GSE’s latest Credit Insurance Risk Transfer consists of approximately 27,000 single-family mortgage loans with an outstanding unpaid principal balance of approximately $8.4 billion.

The total value of the U.S. housing market surged more than $2.6 trillion year-over-year, nearly 50% higher than pre-pandemic levels, as a new Zillow report revealed which states and metro areas boast the most valuable real estate in the nation.

Proposals are being considered by the Bureau to help end coercive debt collection tactics, clean up inaccurate data, and improve credit score predictiveness by erasing medical bills from Americans’ credit reports.