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Category: News and Trends
MBA: Mortgage Application Payments Increase in May
Homebuyer affordability declined further in May, with the national median payment applied for by purchase applicants increasing to $2,211.
Quote of the Day
“Homebuyer affordability declined in May as mortgage rates near 7% continued to put upward pressure on prospective homebuyers’ budgets.”
–MBA’s Edward Seiler
Quote of the Day
“MBA has long advocated for sensible changes that can make HUD’s multifamily lending programs more effective, with a goal of lowering rental housing costs by boosting supply.”
–MBA President and CEO Bob Broeksmit, CMB
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 1.1% from one week earlier, according to MBA’s Weekly Mortgage Applications Survey for the week ending June 20, 2025.
MBA Statement on HUD Proposal to Level FHA Multifamily Mortgage Insurance Premiums
MBA’s President and CEO Bob Broeksmit, CMB, released a statement regarding HUD’s proposal to level upfront and annual mortgage insurance premiums for its FHA Multifamily Accelerated Processing programs.
Apartments.com: Forever Renters Looking to Avoid Stress
Apartments.com, Atlanta, released a new survey focused on the motivations of long-term renters and those who intend to rent forever.
S&P CoreLogic Case-Shiller Index Shows 2.7% Annual Increase in April
The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 2.7% annual gain for April, down from a 3.4% annual gain the previous month.
Dealmaker: M&T Bank, M&T RCC Arrange Over $10M for Vermont Affordable Redevelopment
M&T Realty Capital Corp., Baltimore, announced a $5 million Low-Income Housing Tax Credit equity investment in an affordable housing redevelopment in rural Vermont.
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