You Searched For "mortgage bankers association" and got 20 results
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1 min read
Commercial mortgage lending to jump 29% in 2024 after slowest year in a decade, Mortgage Bankers Association says
Last year's estimated $444 billion in commercial lending could mark the lowest level in a decade, t…
Filip De Mott
2 mins read
Stock market today: Stocks close mixed as investors gear up for major Fed rate decision
Though the S&P 500 briefly touched a new record, equities were mixed as investors remain split over…
Filip De Mott
1 min read
Borrowers are rushing to refinance their mortgages as rates tumble to the lowest level in over a year
As mortgage rates fall, refinancing applications soared 34.5% last week to the highest level in ove…
Kelly Cloonan
3 mins read
4 positives to focus on as recession fears grip the market, Deutsche Bank says
The narrowness of the recent stock sell-off offers one reason to not panice yet, Deutsched Bank sai…
Filip De Mott
1 min read
The chance of a US recession in the next 12 months is a 'coin flip,' says Mortgage Bankers Association
"We expect inflation to end the year at around 6% before declining to a 2% to 2.5% range in 2023 an…
Phil Rosen
1 min read
The steepest mortgage-rate plunge since 2008 is boosting homebuilder stocks to fresh highs
Shares of Toll Brothers, Lennar, and DR Horton as well as a homebuilder ETF have all notched new re…
Jennifer Sor
2 mins read
Mortgage rates will fall to 5.4% as a recession is likely to hit the US economy in 2023, Mortgage Bankers Association says
As the economy slows with a looming recession next year, mortgage rates will fall from their near-7…
Zahra Tayeb
1 min read
Mortgage rates have dipped below 7% — providing home buyers some much-needed relief
The 30-year fixed mortgage rate fell to below 7% for the first time since March.
Jacob Zinkula
1 min read
Mortgage rates log biggest drop in over a year amid falling bond yields
Mortgage demand jumped as Treasury yields tumbled, and average rate on the most popular US home loa…
Phil Rosen
1 min read
Americans are applying for mortgages at the lowest rate in 28 years
Sky-high mortgage rates have kept many Americans sidelined, and mortgage applications for home purc…
Phil Rosen
1 min read
Sellers are doling out freebies to home buyers as sales stall and high mortgage rates freeze the housing market
Home buyers are pickier and are more likely to pull out of sales if they don't get the concessions …
Jennifer Sor
2 mins read
Homebuilder confidence drops to the lowest in 10 months as high mortgage rates freeze the housing market
"The housing affordability crisis can only be solved by adding additional attainable, affordable su…
Phil Rosen
1 min read
Mortgage originations will surge 19% in 2024 as a recession will force rates down, MBA says
Housing inventory will remain tight enough for home prices to keep appreciating for the next three …
Filip De Mott
1 min read
Applications for home loans have plunged to the lowest level since 1996 as mortgage rates notch 23-year highs
The housing affordability picture deteriorated further in the the past week, as mortgage rates hit …
Jennifer Sor
1 min read
Homebuyer demand has crashed to its lowest level in almost a year as mortgage applications hover near a 3-decade low
House hunters are staying sidelined as the median monthly mortgage payment nears $3,000 with little…
Phil Rosen
3 mins read
How the Canadian mortgage model could help unfreeze the housing market
Allowing people to keep cheap mortgage rates when they move home could boost listings and transacti…
Theron Mohamed
1 min read
The number of new commercial mortgages plummeted 47% last year
Office and healthcare properties led the decline in mortgage originations, as elevated interest rat…
Filip De Mott
2 mins read
Mortgage rates spike above 7% for the first time this year as the market adjusts to delayed Fed cuts
March saw the largest monthly drop in existing home sales in over a year, the National Association …
Yuheng Zhan
1 min read
30-year mortgage rate rises to the highest level in 2 months
The hot CPI report for January weighs on outlooks for lower mortgage rates in the near term, as the…
Yuheng Zhan
2 mins read
If you can afford a $405,000 home, now is the time to buy — mortgage rates will only go up from here
Buyers are finally fed up, and demand is easing as the average home for sale hit a new high. This c…