MBA
Mortgage Application Payments Increased 2.3 Percent to $1,964 in January
Homebuyer affordability declined in January, with the national median payment applied for by purchase applicants increasing 2.3 percent to $1,964 from $1,920 in December 2022.
January New Home Purchase Mortgage Applications Decreased 3.5 Percent
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for January 2023 shows mortgage applications for new home purchases decreased 3.5 percent compared
Mortgage Application Payments Fall 2.9 Percent to $1,920 in December
Homebuyer affordability improved in December, with the national median payment applied for by purchase applicants decreasing 2.9 percent to $1,920 from $1,977 in November. This is according
MBA Statement on FHFA’s Enhancements to the GSEs’ Radon Standards for Multifamily Properties
MBA President and CEO Bob Broeksmit, CMB, released the following statement regarding the Federal Housing Finance Agency's (FHFA) announcement of its enhancements to Fannie Mae’s and Freddie Mac’s
Total Commercial and Multifamily Borrowing and Lending Expected to Fall to $700 Billion in...
Total commercial and multifamily mortgage borrowing and lending is expected to fall to $700 billion this year, which is a 5 percent decline from an expected 2022 total of $740 billion.
Commercial and Multifamily Mortgage Delinquency Rates Remain Low in Third Quarter 2022
Commercial and multifamily mortgage delinquencies remained low in the third quarter of 2022, according to the Mortgage
Mortgage Application Payments Rise 3.7 Percent to $2,012 in October
Homebuyer affordability continued its downward trajectory in October, as the national median payment applied for by applicants increased 3.7 percent to $2,012 from $1,941 in September
Commercial/Multifamily Borrowing Declines 13 Percent in Third-Quarter 2022
Commercial and multifamily mortgage loan originations decreased 13 percent in the third quarter of 2022 compared to the same period last year, according to the Mortgage Bankers Association’s
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
Homebuyer Affordability Improved for Third Straight Month in August
Homebuyer affordability improved for the third straight month in August, with the national median payment applied for by applicants decreasing to $1,839 from $1,844 in July.
MBA Statement on FHFA’s Announcement of a Comprehensive Review of the Federal Home Loan...
Bob Broeksmit, CMB, President and CEO of the Mortgage Bankers Association (MBA), issued the following statement on the Federal
Builder Confidence Underwater After Falling for Eighth Consecutive Month
Builder confidence fell for the eighth straight month in August as elevated interest rates, ongoing supply chain problems and high home prices continue to exacerbate housing affordability
Multifamily Sector Shows Signs of Caution in the Second Quarter
Confidence in the market for new multifamily housing was mixed in the second quarter of 2022, according to results from the Multifamily Market Survey (MMS) released today by the National
Mortgage Delinquencies Decrease in the Second Quarter of 2022
The delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted rate of 3.64 percent of all loans outstanding at the end of the second
Multifamily Lending Hit Record High of $487 Billion in 2021
In 2021, 2,215 different multifamily lenders provided a total of $487.3 billion in new mortgages for apartment buildings with five or more units, according to the Mortgage Bankers Association’s (MBA) annual report of the multifamily lending market
MBA Statement on the Treasury Department’s Guidance to Increase Affordable Housing Supply
MBA's President and CEO Bob Broeksmit, CMB, released the following statement on the Department of the Treasury’s new guidance to increase the ability of state, local, and tribal
MBA Opens Doors Foundation Raises More than $187,000 During MBA’s Chairman’s Conference
The MBA Opens Doors Foundation (Opens Doors) today announced that it raised $187,200 during MBA’s annual Chairman’s Conference. As part of the proceeds raised
Baby Boomer Homeowners’ Mortality Expected to Have Minimal Impact on Housing Supply and Prices
More than 4 million existing-homes for sale annually over the next decade will come from the aging and mortality of older homeowners, but sustained homebuyer demand from population
Share of Mortgage Loans in Forbearance Decreases to 0.85% in May
The Mortgage Bankers Association’s (MBA) monthly Loan Monitoring Survey revealed that the total number of loans now in forbearance decreased by 9 basis points from 0.94% of servicers’
Mortgage Applications for New Home Purchases Decreased 5 Percent in May
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for May 2022 shows mortgage applications for new home purchases decreased 5 percent compared to a year ago.