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MBA

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

MBA

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

MBA

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

MBA

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

MBA

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

MBA

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)

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.

MBA

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

MBA

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

MBA

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

MBA

Statement of Jeffrey Weidell, CEO of Northmarq and MBA 2024 COMBOG Chair, on Commercial Real Estate Markets Before the House Committee on Oversight & Accountability’s Subcommittee on Health Care & Financial Services

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

MBA

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

MBA

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

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

MBA

Statement of MBA’s Mike Fratantoni on Current Housing Market Conditions and Challenges Before the House Financial Services Subcommittee on Housing and Insurance

Mike Fratantoni, MBA’s Chief Economist and SVP of Research and Industry Technology, testified today at a hearing titled, “The

MBA

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

MBA

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

MBA

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’

MBA

January New Home Purchase Mortgage Applications Increased 19.1 Percent

The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for January 2024 shows mortgage applications for new home purchases increased 19.1 percent compared from a

MBA

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

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