Intercontinental Exchange Inc., Atlanta, reported that mortgage holders at the end of the third quarter held $17.2 trillion in equity.
Tag: Andy Walden
ICE Mortgage Monitor: Monthly Payments Hit High Point in August
Intercontinental Exchange, Atlanta, released its mortgage monitor for October, finding that the average monthly payment hit a record of $2,070 in August, up $140 from 2023 and $399 since the start of 2020.
ICE Mortgage Monitor: August Most Affordable Month Since February
Intercontinental Exchange, Atlanta, released its mortgage monitor for September, finding that declining mortgage rates have brought home affordability to its best level in six months in August and boosted refinance incentives for many.
ICE Mortgage Monitor: Tappable Equity Hits Record $11.5 Trillion
Mortgage holders’ equity levels continue to reach new heights, according to Intercontinental Exchange, Inc.
ICE Mortgage Monitor: Share of Mortgages Above 5% Interest Rate Creeps Up
Intercontinental Exchange, Atlanta, released its latest mortgage monitor with May’s data. Among other findings, 24% of mortgage holders had interest rates of 5% or higher, up from just 10% in 2022.
ICE Mortgage Monitor: Home Prices Cool for Second Straight Month in April
Intercontinental Exchange reported its ICE Home Price Index showed cooling annual growth for the second consecutive month in April, falling to 5.1% from a revised 5.7% in March and 6.1% in February.
ICE Mortgage Monitor: Q1 Sees Record Levels of Tappable Equity
Intercontinental Exchange Inc., Atlanta, released its ICE Mortgage Monitor report for May, finding that homeowners with mortgages closed out the first quarter with a record $16.9 trillion in equity–$11 trillion of which was tappable.
ICE Mortgage Monitor for April: Influence of the ‘Locked-In’ Effect Apparent
Intercontinental Exchange Inc., Atlanta, released its Mortgage Monitor Report for April, and the “locked-in effect” was front and center. The report highlighted how for many homeowners, giving up their current rate to purchase an equivalently priced home would result in a 40% increase in principal and interest.
ICE Mortgage Monitor: 2023 Saw Three-Decade Low in Originations
Intercontinental Exchange Inc., Atlanta, released its Mortgage Monitor report for March, featuring some full-year 2023 insights. Among those, the report recorded only 4.3 million mortgages as originated in 2023, the lowest since ICE began tracking the data 30 years ago.
ICE Finds Positive Signs in Housing, Mortgage Markets Ahead of Spring Homebuying Season
Housing affordability has improved in recent months, with the share of income required to purchase the median home falling nearly 5 percentage points from October, and the inventory deficit continues to improve. This indicates a better housing market environment in coming months, according to Intercontinental Exchange.