Tag Archives: Mortgage Bankers Association (MBA)

Brian “Woody” White of Homebridge Financial Services discusses how he shifted from focusing on tech to D&I and what mortgage companies need to consider when building their own D&I programs.

A market reset may be underway, as fixed-rate mortgages fell just below 5% for the first time since April 7, continuing a trend of instability amid inflationary pressures and a slowdown in economic growth.

The MBA reported mortgage application volume rose 1.2% this week, reversing course after the Fed rate hike announcement, and rising after a month-long decline.

Homebuyer affordability numbers seem to have stabilized in June, with the national median payment that loan applicants applied for fell by $4 from $1,897 in May to $1,893 ...

In anticipation of another rate hike by the Federal Reserve, mortgage rates retreated downward this week, as purchase demand continued to fall, as the prospect of a recession continues to loom.

Bipartisan House legislation seeks to modernize the notarization process, and will allow individuals stationed outside of the U.S. to securely notarize documents.

The U.S. Department of the Treasury has provided new guidance to increase investments in housing by utilizing American Rescue Plan funds to boost the nation’s supply of affordable options.

The MBA reports that overall application volume is down yet again, with lingering economic uncertainty and affordability issues keeping prospective buyers on the sidelines.

A recent Quicken survey found that 21% of those polled planned to buy a first or new house in 2022, with 69% of that segment now reconsidering that move.

With the Federal Reserve expected to take further action to address continued inflationary concerns, mortgage rates rose for the second consecutive week amidst softening market demand.