U.S. Residential Mortgage Market Update
Industry metrics and analysis
Following five turbulent years for housing, recent evidence shows the worst is over and healing is underway. However, the road to full recovery will likely neither be a smooth nor short journey, making an ongoing understanding of the housing and mortgage markets essential to the industry’s outlook and strategy.
The Deloitte Center for Financial Services U.S. Residential Mortgage Market Update is a quarterly compendium of housing and mortgage market indicators, designed to help keep a pulse on the market. Since we released the October update, many developments have impacted the conditions of and outlook for housing, particularly: improved market fundamentals, including rebounding sales and prices; increased demand for mortgages and signs that lending standards are no longer tightening; and continued, yet slow, improvement in asset performance. An executive summary provides an overview of recent trends and a barometer of key measures, while detailed charts allow a deeper dive into each gauge.