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June New Home Purchase Mortgage Applications Increased 0.7 Percent
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for June 2024 shows mortgage applications for new home purchases increased 0.7 percent compared from a year
Higher Rates Continue to Sideline Home Buyers
Mortgage rates that averaged 7.06% in May per Freddie Mac, the highest monthly average since last November, put a damper on new home sales last month. Sales of newly built, single-family homes in May fell 11.3% to a 619,000 seasonally adjusted annual
Housing Solutions Coalition: There Is No Debate. Rent Caps Hurt Renters and Communities
Statement from the Housing Solutions Coalition in reference to President Biden’s mention of capping rents during the debate. “Decades of academic research from across the United States and
Commercial and Multifamily Mortgage Debt Outstanding Increased in First-Quarter 2024
The level of commercial/multifamily mortgage debt outstanding increased by $40.1 billion (0.9 percent) in the first quarter of 2024, according to the Mortgage Bankers Association’s (MBA)
Mortgage Credit Availability Increased in May
Mortgage credit availability increased in May according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from ICE Mortgage Technology.
Mortgage Application Payments Increased 2.5 Percent to $2,256 in April
Homebuyer affordability declined in April, with the national median payment applied for by purchase applicants increasing to $2,256 from $2,201 in March. This is according to the Mortgage
Share of Mortgage Loans in Forbearance Remains at 0.22% in April
The Mortgage Bankers Association’s (MBA) monthly Loan Monitoring Survey revealed that the total number of loans now in forbearance remained unchanged at 0.22% as of April 30, 2024
April New Home Purchase Mortgage Applications Increased 22.1 Percent
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for April 2024 shows mortgage applications for new home purchases increased 22.1 percent compared from a
Statement of Jeffrey Weidell, CEO of Northmarq and MBA 2024 COMBOG Chair, on Commercial...
Jeffrey Weidell, CEO of Northmarq and 2024 Mortgage Bankers Association (MBA) COMBOG Chair, testified today at a hearing titled, "Health of the Commercial Real Estate Markets and
Total Commercial Real Estate Borrowing and Lending Declined 47 Percent in 2023
Total commercial real estate (CRE) mortgage borrowing and lending is estimated to have totaled $429 billion in 2023, a 47 percent decrease from the $816 billion in 2022, and a 52 percent
Mortgage Credit Availability Increased in March
Mortgage credit availability increased in March according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from ICE Mortgage Technology.
MBA Opposes Biden Administration’s Rent Control on LIHTC-Financed Multifamily Properties
MBA President and CEO Bob Broeksmit, CMB, released the following statement on the Biden administration’s planned
Statement of MBA’s Mike Fratantoni on Current Housing Market Conditions and Challenges Before the...
Mike Fratantoni, MBA's Chief Economist and SVP of Research and Industry Technology, testified today at a hearing titled, "The
Commercial and Multifamily Mortgage Debt Outstanding Increased in Fourth-Quarter 2023
The level of commercial and multifamily mortgage debt outstanding at the end of 2023 was $130 billion (2.8 percent) higher than at the end of 2022, according to the Mortgage
Mortgage Application Payments Increased 3.8 Percent to $2,134 in January
Homebuyer affordability declined in January, with the national median payment applied for by purchase applicants increasing to $2,134 from $2,055 in December. This is according to the
Share of Mortgage Loans in Forbearance Decreases Slightly to 0.22% in January
The Mortgage Bankers Association’s (MBA) monthly Loan Monitoring Survey revealed that the total number of loans now in forbearance decreased by 1 basis point from 0.23% of servicers’
Mortgage Credit Availability Increased in January
Mortgage credit availability increased in January according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from ICE
Mortgage Application Payments Decreased 3.8 Percent to $2,055 in December
Homebuyer affordability improved in December, with the national median payment applied for by purchase applicants decreasing to $2,055 from $2,137 in November. This is according to the
Remodeling Market Sentiment Improves in Fourth Quarter
The National Association of Home Builders (NAHB) released its NAHB/Westlake Royal Remodeling Market Index (RMI) for the fourth quarter, posting a reading of 67, increasing two points
MISMO Releases 2023 Annual Report at Winter Summit
MISMO, the real estate finance industry's standards organization, today released its 2023 Annual Report at its 2024 Winter Summit. The MISMO Annual Report outlines the organization’s progress