While loans under forbearance see a decline, looming economic challenges and a potential 2024 recession remind the industry to tread with caution.
Tagged: Mortgage Bankers Association (MBA)
From surprise stances on FHA's future policies to the hidden secrets lenders don't want you to know - Here's everything that went down!
Decline in both refinance and purchase activities, with 30-year fixed rates reaching heights unseen since November 2000.
Union Home Mortgage president pledges to enhance housing affordability and boost financial literacy.
Economists from the Mortgage Bankers Association anticipate a gradual recovery in the mortgage sector, with rates expected to dip and origination volumes set to surge by 2025.
The Mortgage Bankers Association’s data reveals a modest increase in applications, but overall activity remains subdued as interest rates hit their highest levels since 2000.
MBA report reveals a slight increase in loan offerings to counter rising mortgage rates, while industry braces for decline in origination volume.
Urgent plea for clarity on rate hikes and MBS sell-offs amidst fears of an economic downturn and housing market instability.
30-year fixed rate sees its highest climb in 23 years, leading to a significant slowdown in the housing market.
Reports from ATTOM and MBA highlight steepest drop since 2007, with 99% of counties surpassing historical averages in home and condo pricing.