One economist described 2020 as "the strongest [year] for residential construction since 2006.” Click through to read about the latest housing market data.
Read More »Industry Trade Groups Eager to Work with Biden Administration
A broad array of industry spokespersons discussed how the new administration can work with the industry, as well as voicing some concerns over the departure of Kathleen Kraninger from the CFPB.
Read More »Lower Refinance Activity Drives Down Mortgage Application Levels
An economist also noted that “homebuyers in early 2021 continue to seek newer, larger homes.”
Read More »Mortgage Applications Soar While Rates Inch Up
While economists expect mortgage rates to increase modestly in 2021, they will remain categorically low, supporting homebuyer demand and leading to continued refinance activity.
Read More »Refinances Fuel Spike in Mortgage Applications
The Refinance Index was 93% higher year-over-year. Click here to learn more about the latest data.
Read More »What Drove Mortgage Industry Gains in the Third Quarter?
The latest Quarterly Mortgage Bankers Performance Report from the Mortgage Bankers Association (MBA) for this year’s third quarter shows an increase in profits for independent mortgage banks (IMBs) ...
Read More »Civil Rights Icon Offers CEOs Advice to Uplift Communities
MBA’s annual convention and expo included a general session on Monday, Oct. 19 about “Diversity, Equity and Inclusion,” which featured prominent guest speakers. Ambassador Andrew J. Young discussed ...
Read More »Purchase Applications Rise 5%
One analyst said “pent-up demand” is leading homebuyers back into the market. Click through to lead more.
Read More »Refinancing’s Impact on Mortgage Market
Two new reports from Freddie Mac and the MBA examine mortgage trends, as well as the continuing wave of refi. Click through to read all the latest.
Read More »A Pullback in Mortgage Demand
Slightly higher mortgages rates have led to a decrease in application volume, however, homebuyers continue to be inspired. A report finds out why.
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