Reports and Studies
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Summer Slowdown Hits in July 2024 with 138 New Industrial Manufacturing Planned Industrial Projects
JACKSONVILLE BEACH, Fla. — Industrial SalesLeads announced today the July 2024 results for the new planned capital project spending report for the Industrial Manufacturing industry. The Firm tracks North American planned industrial capital project activity; including facility expansions, new plant construction and significant equipment modernization projects. Research confirms 138 new projects as compared to 164 in June….
July Refinance Activity Hits Highest Levels Since September 2022
PLANO, Texas — Optimal Blue today released its July 2024 Market Advantage mortgage data report, which revealed that mortgage refinance demand surged to levels not seen since September 2022 amid softening interest rates. The lower interest rates seen in July also coaxed increased purchase activity, which, combined with greater refi activity, drove a 3.5% month-over-month (MoM) increase in mortgage rate lock volumes….
MCT Reports a 6% Mortgage Lock Volume Decrease in Latest Report
SAN DIEGO, Calif. — Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, announced today a decrease of 5.67% in mortgage lock volume compared to the previous month. Industry professionals and enthusiasts are invited to download the complete report for comprehensive insights into the market dynamics….
Restrictive Policies Contribute to California’s Low Construction Employment Ranking
SACRAMENTO, Calif. — The construction unemployment rate in California stands at 3.9% through June 2024. While this marks a decrease in a year, a deeper review of the numbers shows that only 7 states have seen their unemployment rates improve slower than California, according to a state-by-state analysis of U.S. Bureau of Labor Statistics data released today by the Associated Builders and Contractors (ABC). “While the industry is pleased with a relatively low unemployment rate, we wonder how much lower it could be if we simply adopted policies consistent with the rest of the nation,” said John Morris, President and CEO, ABC Northern California Chapter (ABC NorCal)….
Federal funds fuel quarterly growth in U.S. down payment assistance programs, which now number 2,415
ATLANTA, Ga. — Down Payment Resource (DPR), the housing industry authority on homebuyer assistance program data and solutions, today released its Q2 2024 Homeownership Program Index (HPI) report. The Q2 report saw the national homebuyer assistance programs increase by 42 to 2,415 – the highest count on record. Much of this quarter’s increase in program count was due to local agencies pulling more heavily from federal funding to support homebuyer assistance….
LenderLogix Q2 2024 Homebuyer Intelligence Report Data Shows Home Buying Activity and Fees Collected by Fee Chaser Remain Steady Thus Far in 2024
BUFFALO, N.Y. — LenderLogix, a leading provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks, and brokers, today announced the latest release of the Homebuyer Intelligence Report, a quarterly summary of insights into borrower behavior during the home buying process based on data collected by the LenderLogix suite of tools. The latest report covers data collected during the pre-approval and borrower application process during the second quarter (Q2) of 2024….
Falling Home Prices and Purchase Mortgage Locks Reveal a Stagnant Late-Spring Housing Market
PLANO, Texas — Optimal Blue today released its June 2024 Market Advantage mortgage data report, which revealed a stagnant late-spring housing market as home prices dropped for the first time in 2024 and purchase lock counts fell 8% over the previous year. All mortgage lock figures in this news release have been controlled for fewer market days in June….
Direct Mail Benchmark Report 2024 reveals 61% of marketers have increased direct mail investments in the last year
MINNEAPOLIS, Minn. — New industry research commissioned by SeQuel Response and conducted by ISG Research shows 61% of marketers have increased direct mail investments in the last year, up 12% from 2023 data. The 2024 Direct Mail Marketing Benchmark Report provides an analysis of the current direct mail marketing landscape….
New Industrial Manufacturing Projects Third Month in a Row of Growth with 164 New Projects for June 2024
JACKSONVILLE BEACH, Fla. — Industrial SalesLeads announced today the June 2024 results for the new planned capital project spending report for the Industrial Manufacturing industry. The Firm tracks North American planned industrial capital project activity; including facility expansions, new plant construction and significant equipment modernization projects. Research confirms 164 new projects as compared to 147 in May and 110 in April….
Critical Defect Rate Declines Five Straight Quarters, Ending 2023 at 1.53%, Per ACES Mortgage QC Industry Trends Report
DENVER, Colo. — ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, announced the release of its quarterly ACES Mortgage QC Industry Trends Report covering the fourth quarter (Q4) and calendar year (CY) of 2023. The latest report analyzes post-closing quality control data derived from ACES Quality Management & Control® software….