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CAR expects home prices to soften as inventory rises and competition cools
Fannie Mae says boost to popular index arrived prior to recent jump in mortgage rates to 7%
MSRs are back to trading at a premium of roughly 5x multiples of servicing fees for agency loans.
Purchase acquisition volume increased to $80 billion in the third quarter from $74.5 billion in the second quarter.
As lock-in effects persist, an era of concentrated demand among first-time homebuyers overlaps with an era of increasing unaffordability.
Panelists at MBA's annual event agree GSEs have neglected to facilitate mandatory adoption of new credit scoring models, set to take effect in the fourth quarter of 2025.
