MBA Reveals What a Slowdown in Job Growth Means for Mortgage

Mortgage Professional America, May 11, 2021–David Kitai
Joel Kan, AVP of economic and industry forecasting at the MBA, explained why we’ve seen a slowdown in job growth, what that means for the overall recovery and for the mortgage industry in particular. He highlighted, too, what these numbers mean for the supply of new housing, how they could impact the sticky problem of forbearance for millions of Americans, and what they mean for the whole housing market.
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