The Typical U.S. Renter is Expected to be ‘Housing Cost Burdened’ By the End of 2021
Rent paid as a share of income is forecast to rise beyond 30% by December for the typical U.S. renter, which is considered housing burdened.
Market Trends
Mortgage Rates Rise on Economic Reports
While the uncertainty presented by the Delta variant and other factors continues to limit some upward movement to mortgage rates, the increasing likelihood of a shift in monetary policy later this year has jostled rates loose from their half-year lows.
Forbearance Exits Will Likely Add to Inventory Starting in August
A significant share of homeowners exiting forbearance programs in coming months will likely end up listing their home for sale.
Mortgage Rates Fall Further on Delta Variant Developments
Mortgage rates fell further this week, reaching their lowest level in six months as investors reevaluate their outlook for long-term economic growth.
Mortgage Rates Fall Slightly But Hold Firm After Fed Announcement
Mortgage rates drop after FHFA removes the refinance fee and delta variant concerns.
May 2021 Case-Shiller Results & Forecast: Growth Continues Climb
The forces that have propelled home price growth to new highs over the past year remain in place and are offering little evidence of abating.
June Existing Home Sales: A Return to Growth
June's small bump in existing home sales is welcome news for the housing market after four straight monthly declines.
Mortgage Rates Fall After Refinance Policy Changes and Delta Variant Concerns
Mortgage rates drop after FHFA removes the refinance fee and delta variant concerns.
June Housing Starts: Finding Ways to Get it Done
The nation's home builders exceeded expectations in June and found ways to break ground on the third-most new homes in a single month since 2006.
Inventory Jumps Again, as the Market Continues to Sizzle (June 2021 Market Report)
The number of homes available for sale rose for the second straight month in June, an indication the market may be beginning to find more balance.
