Quote of the Day

“The necessity to create a viable, consistent and nationwide strategy for promoting the development and financing of more housing units for middle-income families is increasing every day.”
–Daron Tubian, Head of Affordable Housing Investments at Barings and 2024 Chair of MBA’s Affordable Rental Housing Advisory Council

Quote of the Day

“Homebuyer affordability declined in May as mortgage rates near 7% continued to put upward pressure on prospective homebuyers’ budgets.”
–MBA’s Edward Seiler