Zillow, Seattle, predicted Buffalo, N.Y. will be the country’s hottest market this year.
Category: News and Trends
Quote of the Day
“While the FOMC had indicated that they could slow the pace of rate cuts as we enter 2025, these data make at least a pause in cuts much more likely, which will push mortgage rates higher in the near term.”
–MBA SVP and Chief Economist Mike Fratantoni, discussing Friday’s employment report
Dodge Momentum Index Grows 10% in December
The Dodge Momentum Index, issued by Dodge Construction Network, Boston, grew 10.2% in December, largely due to growth in planning for commercial properties.
Expanding Access to Homeownership: The Profound Effect of Telco and Utilities Data–Jennifer Henry from Equifax
A single financial opportunity can be a critical step to establishing individual financial health and generational wealth that can change the trajectory and livelihood of families and communities for generations.
MBA Statement on the Victims of the Southern California Wildfires
MBA’s President and CEO Bob Broeksmit, CMB, released the following statement on the victims affected by the wildfires in Southern California.
Mark Dangelo: A House Built on Data Sands
AI is exposing the troubling state of data within industries. (This article is also available in an AI-generated storytelling format.)
Upcoming MBA Education School of Mortgage Banking Courses
MBA Education’s signature School of Mortgage Banking (SOMB) series is the real estate finance industry’s standard in comprehensive residential mortgage training.
Industry Briefs, Jan. 14, 2025
Industry news from Outamation, Miles & Stockbridge and Calque.
Mortgage Credit Availability Increased in December
Mortgage credit availability increased in December according to the Mortgage Credit Availability Index, a report from the Mortgage Bankers Association that analyzes data from ICE Mortgage Technology.
Quote of the Day
“MBA and its members stand ready to help impacted families and will work with federal and state agencies to deliver assistance as soon as possible. Our disaster recovery resource guide contains important information for affected homeowners, including what to do immediately after a disaster, starting with contacting their mortgage servicer, homeowners insurance company, and applying for disaster assistance with the Federal Emergency Management Agency.”
–MBA President & CEO Bob Broeksmit, CMB