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New MBA White Paper Analyzes Commercial Real Estate Market Trends, Outlook
The Mortgage Bankers Association this morning released a new white paper, Where From Here?, which examines current economic trends and commercial/multifamily real estate market conditions and summarizes recent comprehensive data--by property type and capital source--reported by MBA’s research team.
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MBA, CMBA Comment on California Proposed Privacy Rules
The Mortgage Bankers Association, the California Mortgage Bankers Association and several other industry trade groups submitted a letter to the Office of the California Attorney General to comment on its proposed rules to implement the impending California Consumer Privacy Act.
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MBA Chart of the Week: Average Loan Size to First-Time Home Buyers
On average, the size of a first-time home buyer’s mortgage was $231,974 in the first three quarters of 2018, based on loan acquisitions data from Fannie Mae and Freddie Mac. This represents a 4.2% increase over the average size of $223,000 for mortgages to first-time home buyers originated in 2017 and an acceleration from the 1.8% annual gain in 2016.