Home buyers are currently experiencing affordability challenges driven by higher interest rates, tighter inventory and elevated home prices. And the mortgage industry is seeking solutions to meet these challenges while making home loans easier and more affordable.
Category: News and Trends
Dealmaker: Eastern Mortgage Capital Provides $11M for New Jersey Apartments
Eastern Mortgage Capital, Burlington, Mass., provided $10.65 million in permanent financing for a townhome-style apartment community in Williamstown, N.J.
Zillow: Property Managers Offering Concessions as Rental Market Cools
Zillow, Seattle, released a new report finding that a third of property managers are currently offering concessions to renters as rental price gains slow.
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Manufactured Housing, Down Payment Assistance Expanding Affordable Housing Opportunities: Rob Chrane & Stacey Epperson
Manufactured housing may not have attracted your interest or investment in the past but with America’s worsening affordability crisis and recent regulatory updates at the federal level, this may be the time to rethink your strategy.
MBA Advocacy Update: HUD, GSE ROV Implementation Date Extended; MBA Pushes CFPB on Repeat Offenders Registry; Rural Housing Legislation Introduced
This week’s top legislative and policy news from the Mortgage Bankers Association.
MBA Human Resources Symposium, Sept. 18-19
The MBA Human Resources Symposium is back in-person at MBA Headquarters, 1919 M Street, Washington D.C. NW, Floor B1.
People in the News, Aug. 13, 2024
Industry personnel news from Mortgage Cadence, MISMO and Down Payment Resource.
Quote: Aug. 12, 2024
“The [multifamily] supply wave has brought 50-year high deliveries to certain metros…but the increased competition is slowing rent growth, especially in booming Sun Belt markets.”
–Doug Ressler, Senior Analyst and Manager of Business Intelligence at Yardi Matrix
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