MBA’s Single-Family Research Showcase, June 25-26

A two-day online event, the Single-Family Research & Economics Showcase highlights the most current results and insights from MBA’s residential surveys, forecasts and reports.

Quote: June 17, 2024

“With the housing market slowing down over the past year, some metro areas appear notably better positioned than others to withstand a scenario of the market topping out and heading downward.”
–ATTOM CEO Rob Barber

Optimal Blue: Rate-and-Term Refis Jump in May

Optimal Blue, Plano, Texas, released its Market Advantage Mortgage Data Report for May, finding, among other metrics, an almost 26% increase in rate-and-term refinances in May.

MBA Thanks Princess Mackie Book Challenge Participants

The Mortgage Bankers Association launched the Princess Mackie Book Challenge to promote financial education and develop new tools and resources to help children and their families learn more about homeownership in schools and community organizations. This week, MBA would like to highlight DHI Mortgage Company, Austin, and Lennar Mortgage, Miami, for participating in this initiative.

Quote: June 14, 2024

“The sharp increase in demand for rate-and-term refinances following a dip in rates indicates that homeowners with rates above 7% feel pinched and are sensitive to even modest interest rate movements in the current economic landscape.”
–Brennan O’Connell, Director of Data Solutions at Optimal Blue