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Molly Boesel is a senior principal economist in the Office of the Chief Economist at CoreLogic. She is responsible for analyzing and forecasting housing and mortgage market trends, including the single-family rental market. 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, providing forecasts and analyses on the housing and mortgage market. 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.
Molly is a frequent speaker at leading industry events and contributor to several industry publications. Her original research blogs for the CoreLogic Intelligence blog are frequently picked up in national and trade publications and are leveraged as news pieces. In 2021 Molly and her colleagues won an award for their published work on pandemic-related housing preferences, home prices, rent, and inflation.
Molly is a member of The National Association of Business Economics (NABE) and previously served as a NABE roundtable chair and member of the NABE Business Conditions Survey team. She currently sits on the White House Monthly Rental Market Roundtable.
With current mortgage rates at over 6%, the vast majority (99%) of outstanding mortgage debt has a lower mortgage rate locked in.
Home buying has remained relatively affordable due to historically low mortgage interest rates, but increasing mortgage rates are cutting into buyer affordability.
National home prices increased 20.9% year over year in March 2022, according to the latest CoreLogic Home Price Index (HPI®️) Report . The March 2022 HPI gain was up from the March 2021 gain of 11.1% and was the highest 12-month growth in the U.S. index since the series began in 1976.
National home prices increased 20% year over year in February 2022, according to the latest CoreLogic Home Price Index Report.
In December 2021, 3.4% of home mortgages were in some stage of delinquency (30 days or more past due, including those in foreclosure) , which was a 2.4-percentage point decrease from December 2020 according to the latest CoreLogic Loan Performance Insights Report.
National home prices increased 19.1% year over year in January 2022, according to the latest CoreLogic Home Price Index (HPI®) Report.