Jumbo vs. Conforming Credit Spread
This analysis uses Zillow Mortgage Marketplace data to compare the rates offered on loans of different sizes (conforming, expanded-conforming, and jumbo), explore how that spread has changed during the 2007-2010 financial crisis, and look at how different events may have impacted the spread.
It’s Going to Be Another Long, Hard Winter in Housing
Home value depreciation began to accelerate in the third quarter, according to the Zillow Real Estate Market Reports. With home values 25% below their peak and 17 consecutive months of depreciation, the length and severity of the current downturn is approaching the housing recession of the Great Depression.
Case-Shiller: Not Just a Home Price Index
As foreclosures continue to mount across the country, the Case-Shiller Index's inclusion of distressed sales masks true changes in home values. Zillow analysis shows the indicator is becoming increasingly detached from underlying home values.
