Analysis and Data
U.S. private mortgage insurance (PMI) hit record profitability in the second quarter of 2022.
Fannie Mae's ESR Group predicts housing will cool further as mortgage rates spike.
MBA economist says the nearly 4% increase 'underscores the overall volatility' of the current housing market.
Effect on minority communities better than traditional banks, too.
Only 57% of mortgage bankers were profitable, MBA survey finds
Fannie and Freddie see direct assistance as a path to decreasing disparities.
Only 20% of survey respondents in June felt that it was a good time to buy a home.
An examination of the useful tools for minimizing risk.
Month-over-month, purchase applications rebounded in August after four straight monthly declines.
FOMC expected to announced 0.75% rate hike after 2-day meeting ends Wednesday.