"There is no doubt that the housing market has reignited from a home price perspective," said Black Knight VP of Enterprise Research Andy Walden. "Firming prices have now fully erased the pullback we tracked through the last half of 2022 and lifted the seasonally adjusted Black Knight HPI to a new record high in May."
Read More »Home Sellers Retreat From the Market Amid Increasing Inventory Shortage
While inflated home prices continue to dampen demand, home sales fell to a more than seven-year low in January, as rising rates continue to weaken home affordability.
Read More »Borrowers Utilizing Rate Buydowns Trends Upward
According to new data from Optimal Blue, rate lock data showed moderate signs of an early-January rebound in purchase locks, while refis remain constrained despite a full percentage point rate decline since its October 2022 peak.
Read More »Median Home Prices Continue Four-Month Decline
Despite ongoing price corrections, home values in the top 50 metropolitan markets remain elevated up to 66% since the start of the pandemic.
Read More »Home Price Growth Decelerates Sharply
The latest report from Black Knight did not carry good news as the company’s latest monthly Mortgage Monitor Report covering the month of June found that annual home ...
Read More »Mortgage Holders Gain Record $1.2 Trillion in Tappable Equity
Rising home prices and unpredictable interest rates continue to complicate affordability pressures in the housing market. However, the same dynamics have also served to increase the housing wealth ...
Read More »Adjustable-Rate Mortgages Hit Recent High
Black Knight Inc., has released the latest iteration of its Mortgage Monitor Report for March 2022 which looks at mounting affordability pressures resulting from the competing dynamics of ...
Read More »Following the Growth of Home Prices, Tappable Equity Grows Too
According to a new report, the market holds $10 trillion in tappable equity, up 35% from last year.
Read More »Refis Reduced to 45% of Total Volume
The latest data from Optimal Blue’s daily interest rate tracker found interest rates for a 30-year mortgage by the end of October increased 6 basis points to 3.27%, which now totals a 30 ...
Read More »Record High for Annual Home Price Growth
Inventory challenges continue to put upward pressure on prices. "It's not getting any better, either," analysts report.
Read More »