Mortgage Demand Soars 28% as Rates Dip Slightly

Mortgage Demand Soars 28% as Rates Dip Slightly

The numbers: A dip in mortgage rates prompted mortgage demand to rise a seasonally adjusted 27.9% As mortgage rates dropped across the board, demand for both purchases and refinancing increased. That pushed the market composite index up, a measure of mortgage...
Home Price Index Up 60% Annually

Home Price Index Up 60% Annually

The latest iteration of the First American Financial Corporation’s Real House Price Index (RHPI) covering September 2022 was recently released which as a whole found real home prices increased 10.5% over August 2022. The RHPI aims to measure the price changes of...