The top five cities have an average down payment of $181,282.

With increasing focus on artificial intelligence in mainstream culture, the home lending field is making progress to adopt it across a variety of functions in the business. Here we round up a few recent developments in the space.

The top five cities have an average down payment of $51,920.

The top five cities have an average median residential price per square foot of $148.

The top five cities have an average median residential price per square foot of $654.

The top five servicers that are depositories have a combined unpaid principal balance of more than $1.89 trillion at the end of Q2 2023.

The top five towns have an average median home value of $646,380.

The top five lenders have an average total origination volume of more than $9 billion through June 30, 2023.

The top five depositories have a combined wholesale volume of more than $18 billion at the end of Q2 2023.

The top five banks have a combined mortgage servicing volume of more than $27 billion at the end of Q2 2023.

The bottom five cities in the ranking have an average total score of 30.48.

The top five cities in the ranking have an average total score of 64.5 out of 100.

The top five lenders have a combined retail home loan volume of more than $29 billion at the end of Q2 2023.

The top three cities have an average payback period of just over 21 months on a 20% down payment.

The bottom three cities have an average payback period on a 20% down payment of more than 78 months.

Gen Z homebuyers make up a 21.26% share of purchase requests in the top five metropolitan areas.

The bottom five metropolitan areas have an average share of mortgage purchase requests from Gen Z homebuyers of 9.29%.

Ransomware attacks are an increasingly significant threat to the home finance industry.

BofA's fintech accelerator launch and Guaranteed Rate's new insurance offering via a brokerage spinoff are among the latest fintech stories.

The top five states have an average effective real-estate tax rate of 2.17%.