Last week, MBA submitted a letter to the Federal Housing Finance Agency advocating for an increase to the current area median income thresholds for Fannie Mae and Freddie Mac’s low down payment programs (Home Ready and Home Possible).

Mortgage Bankers Association 2023 Chairman Matt Rocco has made a career move.

The Freddie Mac Multifamily Apartment Investment Market Index declined 5.4% in the third quarter. The index is down 23.5% year over year.

Zillow, Seattle, said U.S. home values are easing down, starting to provide relief for potential home buyers facing affordability challenges.

In an effort to increase transparency after the Great Recession, one of the Federal Open Market Committee communication initiatives under Chairman Ben Bernanke was to publish individual members’ assessments of the economy in the Summary of Economic Projections. In this week’s MBA Chart of the Week, we track changes in policymakers’ quarterly published SEP forecasts of the federal funds rate over the past eight quarters.