Mortgage Bankers Association (MBA)

The Mortgage Bankers Association has endorsed the bipartisan Housing for the 21st Century Act, urging House members to pass the bill to improve housing affordability, expand FHA access, and modernize federal housing programs

Homebuyer affordability improved for the seventh consecutive month in December 2025, driven by lower mortgage payments and steady income growth, though regional and loan-type differences persist

The Federal Reserve held its benchmark rate at 3.50–3.75%, citing solid economic growth, persistent inflation, and a soft labor market, leaving mortgage rates largely steady

Major banking, credit union, and mortgage trade groups are pressing the Trump Administration for immediate regulatory changes to lower mortgage costs and ease first-time buyer affordability pressures

Amid bold policy and product headlines aimed at affordability, mortgage advisors remain essential for translating national proposals into clear, locally relevant guidance that helps borrowers make informed long-term decisions

Longtime First American vice chair and widely respected housing finance leader Kurt Pfotenhauer is remembered for his leadership, public policy influence, and commitment to family and service