MBA: Share of Mortgage Loans in Forbearance Decreases to 0.26% in November
The Mortgage Bankers Association’s monthly Loan Monitoring Survey revealed that the total number of loans now in forbearance decreased by 3 basis points from 0.29% of servicers’ portfolio volume in the prior month to 0.26% as of Nov. 30, 2023.
MBA: November New Home Purchase Mortgage Applications Increased 21.8%
The Mortgage Bankers Association Builder Application Survey data for November 2023 shows mortgage applications for new home purchases increased 21.8% compared from a year ago.
Boxwood Means: Small Cap Multifamily Properties Stay Positive
Boxwood Means, Stamford, Conn., found prices for small cap multifamily properties have remained positive despite headwinds for the larger sector.
