Analysis and Data
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.
Construction of new multifamily units rose nearly 29% in August from July; single-family starts rose 3.4%.
Urban Institute says borrowers of color would most likely see the greatest benefits.