Quote

“Loan balances continue to rise because of a larger share of sales in the higher end of the market, as well as increased sales prices from strong demand and elevated building material costs.”
–Joel Kan, MBA Associate Vice President of Economic and Industry Forecasting.

MBA Weekly Applications Survey June 16, 2021: After 3 Weeks, a Rebound

Mortgage applications rose for the first time in three weeks as key interest rates fell to their lowest level since May, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending June 11.

MISMO Launches eMortgage Technology Certification Program

MISMO®, the real estate finance industry’s standards organization, launched an eMortgage Technology Certification program to assist lenders in identifying products that comply with industry standards.

Single-Family Rentals Rising: A Conversation With Berkadia

One result of a strong housing market driven by low rates, high demand and supply constraints is a substantial increase in investor interest in single-family rental housing. MBA NewsLink interviewed Berkadia executives Hilary Provinse and Dori Nolan about the SFR landscape and the outlook for this burgeoning sector.

MBA Weekly Applications Survey June 16, 2021: After 3 Weeks, a Rebound

Mortgage applications rose for the first time in three weeks as key interest rates fell to their lowest level since May, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending June 11.