Requests to refinance are up 40 percent from a year ago, but uncertainty “continues to hold homebuyers out of the market,” Mortage Bankers Association economist…
Posts published in “mba”
The National Association of Realtors and several other housing groups urged Congress to confirm Consumer Financial Protection Bureau nominee Jonathan McKernan, noting he has a…
The average loan balance for first mortgages rose from $345,761 in the first quarter to $356,993 in the second, the Mortgage Bankers Association reported. Source:…
“The U.S. housing market is stuck, and we are not convinced it will become unstuck anytime soon,” economists at Bank of America Global Research say…
Mortgage rates have some room to come back down in June after PCE price index shows annual inflation easing to 2.65 percent in April, and…
Loans for office buildings specifically dropped 68 percent year over year and 32 percent quarter over quarter. Source: Inman News
The former FHA commissioner also held executive positions at World Savings Bank, Freddie Mac, and The Long and Foster Companies before leading the Mortgage Bankers…
Recent decline in rates is “some cause for optimism,” but requests for purchase loans are still down 12 percent from a year ago. Source: Inman…
MBA, NAR and NAHB say uncertainty over the Federal Reserve’s next moves is disrupting the housing sector and threatening to send the U.S. economy into…