MBA
Commercial/Multifamily Borrowing Increased 59 Percent in Third-Quarter 2024
Commercial and multifamily mortgage loan originations increased 59 percent in the third quarter of 2024 compared to a year ago, and increased 44 percent from the second quarter of 2024
MBA Forecast: Mortgage Originations to Increase 28 percent to $2.3 Trillion in 2025
The Mortgage Bankers Association (MBA) today announced at its 2024 Annual Convention & Expo that total mortgage origination volume is expected to increase to $2.3 trillion in 2025 from the $1.79
Mortgage Credit Availability Decreased in September
Mortgage credit availability decreased in September according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from ICE
MBA Promotes Wendy Penn to Vice President for Affordable Housing Initiatives
The Mortgage Bankers Association (MBA) today announced that Wendy Penn has been promoted to Vice President for Affordable Housing Initiatives. In her elevated role, Penn will lead MBA’s
Mortgage Application Payments Decreased 3.9 Percent to $2,057 in August
Homebuyer affordability improved in August, with the national median payment applied for by purchase applicants decreasing to $2,057 from $2,140 in July. This is according to the Mortgage
Mortgage Credit Availability Increased in August
Mortgage credit availability increased in August according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from ICE Mortgage Technology.
MBA Forecast: Commercial/Multifamily Borrowing and Lending to Increase 26 Percent to $539 Billion in...
Total commercial and multifamily mortgage borrowing and lending is expected to finish the year at $539 billion in 2024, which is a
Multifamily Lending Declined 49 Percent to $246 Billion in 2023
In 2023, 2,520 different multifamily lenders provided a total of $246.2 billion in new mortgages for apartment buildings with five or more units, according to the Mortgage Bankers Association’s
Mortgage Credit Availability Increased in July
Mortgage credit availability increased in July according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from ICE Mortgage Technology. The MCAI rose by 3.3 percent
Home Equity Lending Volume Stays Relatively Flat in 2023, Debt Outstanding Increases
Total originations of open-ended Home Equity Lines of Credit (HELOCs) and closed-end home equity loans increased in 2023 by 1.5 percent compared to the previous year, while debt
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