Foreign buyers flock back to U.S. home market

Buyers from other countries accounted for $56 billion in home sales between April 2024 and March 2025
Family incomes need to be nearly $100,000 annually to afford the typical home

The housing deficit grew to 4.7 million homes in 2023, according to the U.S. Census Bureau
Mortgage denial rates are nearly double for Black applicants: LendingTree

A third of all mortgage denials for Black applicants in 2024 were due to debt-to-income ratios
Homebuyers resurface as mortgage demand gains steam

Applications for purchases and refinances both increased heading into the July Fourth holiday
Home delistings spike as sellers hold out for better offers

Price cuts also soared in June: Realtor.com
Refinancing helps lift June’s rate lock volume: Optimal Blue

Lenders were busy with rate-and-term refinancing in June
Job insecurity weighs on homebuyer sentiment

Almost 30% of Fannie Mae survey respondents are worried about losing their job
Mortgage rates fall for the fifth consecutive week

The decreases are partly due to the possibility that the Federal Reserve will soon cut rates
BLS jobs report beats expectations, dampening chances of a July rate cut

Hiring trends continue to defy projections
Office delinquency rate for mortgage-backed securities hits record high in June

Loan delinquency rates rose for four of the five main commercial property types