Double-Digit Home Price Gains Boosted Home Equity to New Highs
June 10, 2021
Borrower Equity Update: First Quarter 2021 Average equity gain of $33,400 per borrower in Q1 2021 was the highest in at least 10 years. National
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Molly Boesel holds the position of principal, economist in the Office of the Chief Economist at CoreLogic. She is responsible for analyzing and forecasting housing and mortgage market trends. She has a depth of expertise in mortgage market analysis, model development and risk analysis in the housing finance industry.
Boesel previously worked at both Fannie Mae and Freddie Mac. While at Fannie Mae she provided Fannie Mae’s official monthly forecast for the economy, housing market, and mortgage market stocks and flows, and provided analyses on trends in the mortgage market, including characteristics of borrowers, homeowners, and mortgage products. She earned her bachelor’s degree in economics from James Madison University and her master’s degree in consumer economics and housing from Cornell University.
Borrower Equity Update: First Quarter 2021 Average equity gain of $33,400 per borrower in Q1 2021 was the highest in at least 10 years. National
Loan Performance Insights Report Highlights: March 2021 The nation’s overall delinquency rate was 4.9% in March. The current-to-30-day transition rate in March was the lowest
Home Price Index Highlights: April 2021 National home prices increased 13% year over year in April. Appreciation of detached properties far exceeded that of attached
U.S. Single-Family Rents Up 4.3% Year Over Year in March High-priced rentals posted the highest rent growth since 2006. Rent growth of detached properties was
The U.S. shed more than 22 million jobs in March and April 2020 as the economy felt the full impact of the pandemic shutdown. These
Loan Performance Insights Report Highlights: February 2021 The nation’s overall delinquency rate was 5.7% in February. The foreclosure rate remained at a 22-year low. In