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.
Category: News and Trends
Redfin: Demand for Vacation Homes Falls
Redfin, Seattle, found that the demand for vacation and second homes has dropped to the lowest level in at least six years.
Quote of the Day
“Early April started strong with a brief dip in rates, but volatility returned by mid-month, pushing rates higher and muting new volume.”
–Andrew Rhodes, Senior Director and Head of Trading at MCT
Remodeling Market Poised for Growth, NAHB Finds
Aging housing stock and insufficient new home inventory mean the remodeling market is poised for future growth, the National Association of Home Builders reported.
People in the News, May 9, 2025
Industry personnel news from FICS and Westcor Title Land Insurance Co.
Premier Member White Paper Profile: SitusAMC Examines Mortgage Servicing Rights
MBA regularly highlights new white papers from its Premier Members. Today, we look at SitusAMC’s recently released Mortgage Servicing Rights in 2025: Navigating Market Volatility.
Mortgage Credit Availability Unchanged in April
Mortgage credit availability remained unchanged in April according to the Mortgage Credit Availability Index, a report from the Mortgage Bankers Association that analyzes data from ICE Mortgage Technology.
Fannie Mae: Mixed Results in Home Purchase Sentiment Index
Fannie Mae released its April 2025 National Housing Survey, including the Home Purchase Sentiment Index. The HPSI increased 1.1 points from March to 69.2, but remains down by 2.7 points year-over-year.
FOMC Keeps Rates Steady; MBA Economist Provides Commentary
The Federal Reserve’s Federal Open Market Committee left interest rates unchanged May 7.
Quote of the Day
“Overall levels of credit supply remain tight but have generally grown since 2023, as lenders continue to offer cash-out refinance loan programs as well as jumbo and non-QM loans.” –MBA Vice President and Deputy Chief Economist Joel Kan