Best Interest Financial, St. Clair Shore, Mich., and Clever Real Estate, St. Louis, Mo., released a new survey finding that in addition to their down payment, buyers spent an average of $31,502 on upfront home-buying expenses.
Category: News and Trends
MBA: Commercial, Multifamily Mortgage Debt Outstanding Increased to $4.99T in Fourth Quarter
The level of commercial and multifamily mortgage debt outstanding at the end of 2025 was $214 billion (4.5%) higher than at the end of 2024, according to the Mortgage Bankers Association’s latest Commercial/Multifamily Mortgage Debt Outstanding quarterly report.
Dealmaker: JLL Secures $370M Refinancing for Society Brooklyn in New York
JLL’s Capital Markets group arranged a $370 million refinancing for Society Brooklyn, a 517-unit, two-tower property along the Gowanus Canal in Brooklyn’s Gowanus neighborhood.
MAA Call to Action: Urge Congress to Refine and Improve H.R. 6644, as Amended in the Senate
Take action now to urge the U.S. House of Representatives to stand firm in their efforts to refine and improve the Senate’s comprehensive 21st Century ROAD to Housing Act, H.R. 6644, as amended.
FICO Score 10T: Historical Data, Adopter Program, and What’s Next (Sponsored)
With 40+ lenders already evaluating FICO® Score 10T and GSE historical data on the way, momentum is accelerating.
Bloom Energy: Data Center Owners Plan to Reduce Reliance on Power Grid
As more data centers come online, developers are taking power into their own hands, a new report from Bloom Energy says.
MISMO Spring Summit, June 1–4 in Louisville, Ky.
MISMO Summits allow you to network and collaborate with your industry colleagues while learning the latest updates on mortgage industry standards. Join us in Louisville to learn what’s hot in mortgage standards.
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 10.5% from one week earlier, according to MBA’s Weekly Mortgage Applications Survey for the week ending March 20, 2026.
Homeowner Equity Down in Q4, Cotality Reports
Cotality, Irvine, Calif., found that borrower equity nationwide declined 0.5% year-over-year in Q4 2025.
Women’s History Month: Spotlighting Better.com’s Leah Price
March is women’s history month and MBA NewsLink is hosting a series of interviews with women in the industry to learn about their experiences and challenges, and get their advice. Our fifth spotlight is on Leah Price, general manager of Tinman AI Platform at Better.com.