Mortgage applications activity continued to decline, according to data from the Mortgage Bankers Association (MBA) for the week ending Oct. 20. The Market Composite Index, the trade group’s measure of mortgage loan application volume, was down by 1% on both a...
The Mortgage Bankers Association (MBA) is forecasting $442 billion in total commercial and multifamily mortgage borrowing and lending for 2023, a 46% drop from the $816 billion generate in 2022. Multifamily lending alone – which is included in the total figures – is...
Mortgage application activity plummeted to a 28-year low, according to data from the Mortgage Bankers Association (MBA) covering the week ending Oct. 13. The Market Composite Index, the trade group’s measure of mortgage loan application volume, slumped by 6.9% on a...
A Phil Hall Op-Ed: Earlier this morning, the Biden administration issued a lengthy statement under the heading “White House Announces New Actions on Homeownership.” This was something peculiar, considering the White House has barely issued any actions on homeownership...
The Mortgage Bankers Association is forecasting an increase in total mortgage origination to $1.95 trillion in 2024 from the $1.64 trillion expected in 2023, along with a mild recession during the first part of next year. The trade group also predicted purchase...
Zillow Cuts Its Late-2026 Home Sales Outlook as Rents Accelerate
