Mortgage
RealEstateRama Mortgage
December New Home Purchase Mortgage Applications Increased 8.9 Percent
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for December 2024 shows mortgage applications for new home purchases increased 8.9 percent
MBA Statement on FHFA and Treasury Amendments to the Preferred Stock Purchase Agreements
MBA’s President and CEO Bob Broeksmit, CMB, issued the following statement on today’s Federal Housing Finance Agency
Mortgage Credit Availability Decreased in November
Mortgage credit availability decreased in November according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from ICE
HUD Announces 2025 Loan Limits
New Federal Housing Administration loan limits for Single Family Title II forward and Home Equity Conversion Mortgages go up for calendar year 2025. The U.S. Department of Housing and Urban Development’s (HUD) Federal Housing Administration (FHA)
Mayor Bowser, DCHA & POAH Celebrate Ribbon Cutting and Groundbreaking of Affordable Housing Developments...
Mayor Muriel Bowser and the Office of the Deputy Mayor for Planning and Economic Development (DMPED), with the District of Columbia Housing Authority (DCHA) and nonprofit developer Preservation of Affordable Housing (POAH) today celebrated the grand opening of The Asberry, a mixed-use building with 108 units of affordable rental housing with a preference for those aged 55+.
Mortgage Application Payments Increased 4.2 Percent to $2,127 in October
Homebuyer affordability declined in October, with the national median payment applied for by purchase applicants increasing to $2,127 from $2,041 in September. This is according to the
October New Home Sales Down on Higher Rates
Steadily rising mortgage rates coupled with ongoing affordability challenges kept many potential home buyers on the sidelines in October. Sales of newly built, single-family homes in October declined 17.3% to a 610,000 seasonally adjusted annual rate
Habitat for Humanity’s corporate partners to support building homes, communities and hope this holiday...
Several Habitat for Humanity corporate partners are coming together this holiday season to support the organization’s mission
Mortgage Credit Availability Increased in October
Mortgage credit availability increased in October according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from ICE
NAR Chief Economist Lawrence Yun Forecasts 9% Increase in Home Sales for 2025 and...
The worst of the housing inventory shortage is coming to an end, mortgage rates are stabilizing and job additions are continuing, according to NAR Chief Economist Lawrence Yun.
FHFA Announces FHLBank Partnerships with Fannie Mae and Freddie Mac to Expand Housing Access...
The Federal Housing Finance Agency (FHFA) today announced two partnerships involving Fannie Mae, Freddie Mac, and Federal
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
Senior Home Equity Hits $14 Trillion in Q2
Homeowners 62 and older saw their housing wealth increase by $600 billion in the second quarter to $14 trillion, according to the latest quarterly release of the NRMLA/RiskSpan Reverse Mortgage Market Index.
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
FHFA Proposes Rule to Expand Access to Liquidity for the Federal Home Loan Banks
The Federal Housing Finance Agency (FHFA) issued a notice of proposed rulemaking on Federal Home Loan Bank (FHLBank) Unsecured Credit Limits. The proposed rule would improve the
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
Beyond Boundary Lines: 9 Reasons to Have Your Property Surveyed
As a homeowner or future homeowner, you have the option to get your current or future property surveyed. A survey helps define where one’s property starts and ends. However, why exactly should you have your property surveyed, you might ask? Here are the top reasons
FHA Loans for Refinancing: Is It a Good Option?
FHA loans are known for helping first-time homebuyers achieve homeownership with lower down payments and more flexible credit requirements. However, they are not just for buying a home — they can also be used to refinance an existing mortgage.
Pending Home Sales Edged Up 0.6% in August
Pending home sales in August rose 0.6%, according to the National Association of REALTORS®. The Midwest, South and West posted monthly gains in transactions, while the Northeast recorded a loss. Year-over-year, the West registered growth, but