Highlight Your Innovative DEI Strategy–Deadline Aug. 2

MBA’s Diversity, Equity, and Inclusion Leadership Awards celebrate leading organizations that demonstrate outstanding leadership in DEI initiatives. Share your success story and demonstrate how your efforts are fostering sustainable change in this crucial space.

Fannie Mae Says Homebuying Sentiment Hits New Survey Low

The Fannie Mae Home Purchase Sentiment Index decreased 2.5 points in May to 69.4 as the component measuring consumer attitudes toward homebuying conditions fell markedly, reaching a survey low.

Fed Holds Rates Steady

The Federal Reserve held rates steady Wednesday and now projects only one rate cut in 2024.

Quote: June 13, 2024

“Mortgage rates were trending lower over the course of last week until a stronger than anticipated employment report resulted in a bounce back, with the weekly average for the 30-year fixed mortgage rate decreasing to 7.02%.”
–Mike Fratantoni, MBA’s SVP and Chief Economist