Tag Archives: MBA

Will home sales rebound? Closely watched forecasts say, ‘Yes’

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Economists at Fannie Mae and the Mortgage Bankers Association differ on how much room mortgage rates have to come down and how fast home price appreciation will cool. Continue reading →

Higher rates aren’t stopping homebuyers from bargain hunting

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Purchase loan requests are up 3 percent from a week ago and 22 percent from last year even as mortgage rates climb to highest level in four weeks, Mortgage Bankers Association survey shows. Continue reading →

Mr. Cooper is ‘firing on all cylinders’ going into merger with Rocket

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CEO Jay Bray says the loan servicing giant intends to “hit the ground running” when it merges with Rocket Companies later this year after turning a $198 million Q2 profit. Continue reading →

Mortgage lenders ask for more guidance on VantageScore 4.0

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FHFA Director Bill Pulte is reportedly “on thin ice” with several Trump administration officials over lack of communication on new Fannie and Freddie credit score policy. Continue reading →

Downward trend in mortgage rates not enough to spur homebuyers

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Requests to refinance are up 40 percent from a year ago, but uncertainty “continues to hold homebuyers out of the market,” Mortage Bankers Association economist Joel Kan said Wednesday. Continue reading →

Yes, it’s a ‘big, beautiful bill’ — for the real estate industry at least

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Housing trade groups — including NAR, MBA and NAHB — like tax breaks for homebuyers and businesses, and urge lawmakers to put the bill on Trump’s desk Continue reading →

NAR, Mortgage Bankers Association back CFPB nominee

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The National Association of Realtors and several other housing groups urged Congress to confirm Consumer Financial Protection Bureau nominee Jonathan McKernan, noting he has a “wealth of experience” to lead the financial watchdog. Continue reading →

BofA analysts cast doubts on prospects for 2025 sales rebound

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“The U.S. housing market is stuck, and we are not convinced it will become unstuck anytime soon,” economists at Bank of America Global Research say of ongoing affordability issues. Continue reading →

Rates ease as inflation gauge moves in the right direction

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Mortgage rates have some room to come back down in June after PCE price index shows annual inflation easing to 2.65 percent in April, and Q1 2024 GDP growth revised downward to 1.3 percent. Continue reading →