Mortgage Bankers Association (MBA)

Sales remained steady leading up to Election Day

The MBA's weekly index decreased for the fifth consecutive week as mortgage rates have risen nearly 70 basis points in that period

MBA RIHA updated report notes 'housing supply is being impacted by increased life expectancy'

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.

While monthly principal, interest, and property tax obligations are up an average 15-17% since the beginning of 2020, the average monthly property insurance payment is up a staggering 52% over that same period.