Join MBA and the Women in Housing and Finance for a general overview of manufactured housing industry, May 12 at 2:00 PM ET.
Category: News and Trends
ICE: First-Time Homebuyers Comprise Record Share of Agency Purchase Lending
First-time homebuyers accounted for a record share of agency purchase lending in the first quarter as higher interest rates continue to dampen repeat buyer participation in the market, according to Intercontinental Exchange Inc.
Quote of the Day
“Younger homebuyers are picking up market share with lenders this spring, with people age 35 and under accounting for more than half of financed home purchases by first-time buyers in Q1.”
-ICE’s Andy Walden
Industry Briefs, May 6, 2025
Industry news from Sagent, Maxwell, Union Home Mortgage, United Wholesale Mortgage, ICE Mortgage Technology, AmeriHome Correspondent, Snapdocs and Autoagent.
Realtor.com: Homebuyers Need to Earn 70% More Today Than in 2019
Realtor.com, Santa Clara, Calif., released its April Housing Trends report, finding that a U.S. household now needs to earn $114,000 to afford a median-priced home. That’s up 70.1% from $67,000 in pre-pandemic 2019.
U.S. Adds 177,000 Jobs in April; Industry Economists Weigh In
The U.S. Bureau of Labor Statistics reported that 177,000 jobs were added to total nonfarm payroll employment last month, with the unemployment rate flat at 4.2%.
Be Inspired. Be Informed. Be mPowered!
The Mortgage Bankers Association is proud to offer mPower, MBA Promoting Opportunities for Women to Extend their Reach, the largest networking organization for women in real estate finance.
MBA Advocacy Update: Latest on MBA-Supported Trigger Leads Bill; CFPB, VA and Ginnie Mae News
This week’s top legislative and policy news from the Mortgage Bankers Association.
mPact Presents: The Power of Succession Planning – A Two-Way Perspective May 15
Succession planning is a critical piece of career growth and organizational success—but what does it really take to move up and prepare for leadership? Join us for an insightful discussion that explores this topic from two key perspectives.
State of the Market: Tech Trends Shaping the Future of Mortgage Lending, May 13
Join us for an exclusive deep dive into the current and future landscape of mortgage technology amidst the evolving state of the economy and market trends.