Market Reports

The mortgage interest deduction (MID), long the politician’s poster child for homeownership, has taken some hits in recent months. The MID has been under fire by Democrats for years for disproportionately benefiting wealthy homeowners. But no one really thought it would actually go away or be reduced...

As we head into 2018, we find ourselves a full decade out from the last debilitating U.S. recession. The resulting economic depression and protracted recovery were followed by years of secular stagnation, a condition in which some economists say we’re still stuck. Technically, the economic recovery began in...

The Southern California median home price in December finally surpassed bubble-era highs, a milestone that took more than a decade to achieve and is once again raising concerns that housing is too costly. The six-county region's median price surged 8.2% from a year earlier to $507,500,...

Pent-up demand from the holidays likely fueled the solid jump in mortgage applications last week. Total application volume rose 8.3 percent during the first week of the year from the previous week, as mortgage rates held below year-ago levels, according to the seasonally adjusted Mortgage Bankers...