Wood Markets News


Home Prices Jump 7.3% Year-Over-Year

CoreLogic®, a leading global property information, analytics and data-enabled solution provider released today (12/2) the CoreLogic Home Price Index (HPI™) and HPI Forecast™ for October 2020. According to the HPI year-over-year home prices nationally increased 7.3%.

Mortgage Applications Increased 3.9% in Week Ending November 27th, 2020

According to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Application Survey, for the week ending November 27th, 2020, the Market Composite Index, a measure of mortgage loan application volume, decreased -0.6% on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index decreased -32% compared with the previous week.