Mortgage Credit Availability at 10-Year Low
Mortgage credit availability fell in February to its lowest level in more than 10 years, the Mortgage Bankers Association reported Tuesday.
HUD Proposes $73.3 billion Fiscal 2024 Budget
HUD on Monday submitted a $73.3 billion fiscal 2024 budget, an increase of $1.1 billion from the current fiscal 2023 enacted funding level, including $104 billion for new mandatory affordable housing investments.
MBA Announces Members of 2023 Affordable Rental Housing Advisory Council
The Mortgage Bankers Association announced the members of its 2023 Affordable Rental Housing Advisory Council.
Housing Market Roundup Mar. 14, 2023
Here is a summary of recent housing reports that have come across the MBA NewsLink desk:
Positive Outlook for Single-Family Rental Sector
The single-family rental sector will likely face cyclical headwinds this year, but the long-term outlook remains firmly positive, reported Arbor Realty Trust, Uniondale, N.Y.
MBA Chart of the Week March 13 2023–Estimated Total Commercial Mortgage Maturities
At MBA’s CREF Convention in San Diego last month, we released the results of our annual survey of upcoming commercial and multifamily mortgage maturities. The survey collects information directly from loan servicers on when the loans they service mature.