MPA, Jan. 7, 2025-Jonalyn CuetoThe Mortgage Bankers Association (MBA) has announced the promotion of Jamie Woodwell to senior vice president of commercial/multifamily policy and strategic industry engagement. Woodwell, who has …
Category: Top National News
Reverse Mortgage Performance Metrics End 2024 on a Mixed Note
HousingWire, January 6, 2025-Chris ClowMuch like the rest of 2024, key performance metrics for the reverse mortgage industry went on something of a roller coaster ride for the final month …
Mortgage Rates Creeping Back Up Toward 7%
Marketplace, Jan. 6, 2025-Mitchell Hartman Mortgage rates have popped back up to near 7% — 6.91% was the average reported by Freddie Mac last week. In May 2024, mortgage rates …
Homebuying Landscape for 2025
Bloomberg Television, Jan. 5, 2025 Jeffrey Taylor, Founder and Managing Director of Mphasis Digital Risk and a member of MBA’s Board of Directors, shared his views on recent trends in …
New Duplex Could Help Solve Housing Crisis
WAVY Norfolk (VA), Jan. 6, 2025-Stepanie HudsonA Virginia-based construction firm believes they have produced part of the solution to the affordable housing crisis. Fleetwood Homes has produced the first HUD-approved …
More Bullish Outlook on Mortgage Volume From KBW
National Mortgage News, Jan. 3, 2025-Brad FinkelsteinKeefe, Bruyette & Woods expects a better year for originations than either Fannie Mae or the Mortgage Bankers Association, although volume will remain below …
Mortgage Demand Drops 22% During Holidays as Rates Move Higher
HousingWire, Jan. 2, 2024-Neil PiersonRising mortgage rates suppressed applications in the Mortgage Bankers Association (MBA) final mortgage applications survey index of 2024, released on Thursday. Unsurprisingly, application volume dropped significantly …
Pro Take: Remote Work’s Persistence Helps Keep Housing Prices High Outside Big Cities
WSJ Pro, Jan. 3, 2024-Yuri NaganoReturn-to-office mandates at high-profile companies have grabbed headlines and some big cities are showing more life downtown, but remote work remains entrenched enough to keep …
Is The Walk Score Over As A Measure Of Housing Investment?
Forbes, Jan. 3, 2024-Roger ValdezMore than a decade ago, I remember walking from my apartment on Seattle’s Capitol Hill to the headquarters of Walk Score on the border of the …
Jobless Claims Keep Mortgage Rates Elevated
HousingWire, Jan. 2, 2024-Logan Mohtashami Today, the jobless claims data again showed why mortgage rates continue to be elevated, confirming that the labor market isn’t breaking. The labor market is …