Freddie Mac unveils housing-stability tracker

04/1/2014 | Housing Wire

Freddie Mac has created a publicly available data-analysis tool that tracks purchase applications, payment-to-income ratios, employment levels and mortgage delinquencies. The Multi-Indicator Market Index aims to provide a picture of housing-market stability in local markets. The tool will help users "pinpoint each market's sweet spot by focusing on local housing differences while also tracking the fundamentals necessary for a stable market," said Freddie Mac Chief Economist Frank Nothaft.

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