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ICE Mortgage Monitor: Existing Home Inventory Surges in Florida and Texas

ICE Mortgage Monitor: Existing Home Inventory Surges in Florida and Texas

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CalculatedRisk by Bill McBride
Jul 03, 2024
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CalculatedRisk Newsletter
CalculatedRisk Newsletter
ICE Mortgage Monitor: Existing Home Inventory Surges in Florida and Texas
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Press Release: ICE Mortgage Monitor: As Market Gradually Shifts to Higher Rates, Latest Data Identifies Possible Refinance Tipping Point

  • According to ICE Mortgage Technology data and analytics, as of May, 24% of mortgage holders had current interest rates of 5% or higher, up from 10% two years ago

  • Four million loans originated since 2022 have rates of 6.5…

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