September 10, 2020

Sales of large homes are up.

Mortgage origination volume projected to hit $3.4 trillion this year — the highest level since ’03 [7] 

Sources:

[1] Redfin, August 2020.

[2] National Association of Home Builders, Home Building Geography Index, Q2 2020.

[3] Natio...

September 9, 2020

Overview: Over the past week, stronger than expected major economic data did not have much effect on mortgage markets. Rates again ended little changed, close to record-low levels.

Friday's closely watched monthly labor market report revealed that the economy has contin...

September 2, 2020

Overview: Over the past week, the major economic data and a highly anticipated speech from Federal Reserve Chair Jerome Powell had little lasting impact on mortgage markets. Rates experienced some volatility but ended with little change, remaining close to record-low l...

September 2, 2020

Methodology

To better understand shifting consumer expectations about home buying and selling as a result of the coronavirus pandemic, Ellie Mae surveyed a total of 434 consumers ages 21+ between July 22, 2020 and August 12, 2020. The majority of responses were from Mil...

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