“John’s extensive knowledge and experience, including on regulatory and legislative issues pertaining to banking and commercial real estate, will make him an incredible addition to MBA and an asset for our CREF members.”
–MBA SVP of Commercial/Multifamily Policy and Strategic Industry Engagement Jamie Woodwell
Renting remains cheaper than buying a home in all 50 of the largest U.S. metros, with the difference between the two growing in 38 metros since last year, according to Bankrate, New York.
Market dynamics are putting pressure on U.S. housing, Cotality Chief Economist Selma Hepp writes.
MBA President and CEO Bob Broeksmit, CMB, released a statement regarding the introduction from Sens. Ruben Gallego and Dave McCormick of a bipartisan bill to increase FHA multifamily statutory loan limits.
ValuePenguin, a division of LendingTree, Charlotte, N.C., found that two in three home insurance policyholders say their rates rose in 2024.
Pending home sales jumped 6.1% in March–the greatest month-to-month increase since late 2023–the National Association of Realtors reported.
“MBA has long advocated for Congress to update FHA multifamily loan limits to levels that are consistent with housing and economic conditions.”
–MBA President and CEO Bob Broeksmit, CMB
Mesa West Capital, Los Angeles, provided $45.36 million in first mortgage debt for the acquisition of an Embassy Suites hotel in Nashville, Tenn.
The S&P CoreLogic Case-Shiller Indices found a 3.9% annual gain in 2025, down from an annual gain of 4.1% in January.
“Mortgage rates were little changed last week with the 30-year fixed rate at 6.89%. Mortgage application activity, particularly for home purchases, continues to be subdued by broader economic uncertainty and signs of labor market weakness, dropping to the slowest pace since February.”
–Joel Kan, MBA’s Vice President and Deputy Chief Economist
