MBA Advocacy Update
This week’s top legislative and policy news from the Mortgage Bankers Association.
Chart of the Week: FHFA Purchase-Only House Price Index
Annualized home price growth in the U.S. peaked between the second half of 2021 and first half of 2022 before decelerating through most of 2023 as rising mortgage rates and tight inventory contributed to a pullback in demand.
S&P CoreLogic Case-Shiller Indices: October Home Prices Up 3.6% Annually
The S&P CoreLogic Case-Shiller Indices found home prices in the U.S. recorded a 3.6% annual gain for October, a slight deceleration from earlier 2024 gains.
