September Housing Starts Down 8%
September housing starts took back the temporary momentum it gained in August, falling by more than 8 percent, HUD and the Census Bureau reported Wednesday.
Housing Market Roundup Oct. 20, 2022
Here’s a summary of housing market reports that came across the MBA NewsLink desk this week:
Colliers: Interest Rate Volatility Could Hit Industrial Sector
Industrial sector cap rates have compressed to record lows in recent quarters, but Colliers International, Toronto, reported interest rate volatility has caused some investors to pause new projects and could increase cap rates.
MBA Announces the Affordable Housing Alliance of Central Ohio as Local Host of CONVERGENCE Columbus
The Mortgage Bankers Association announced the Affordable Housing Alliance of Central Ohio will serve as the local host organization for CONVERGENCE Columbus, MBA’s initiative to help close the Black homeownership gap and promote affordable housing through community partnerships in Columbus, Ohio.
Industry Briefs Oct. 20, 2022: Equifax Delivers Telecomm, Utility Data in Mortgage Credit Reports
Equifax, Atlanta, said it will provide telecommunications (telco), pay TV and utilities attributes to the mortgage industry to help streamline the mortgage underwriting process and support loans within the secondary mortgage market.
