MBA Advocacy Update Sept. 18: Broeksmit Testifies on Capitol Hill
This week’s top legislative and policy news from the Mortgage Bankers Association.
MBA Chart of the Week: New Home Purchase Applications
Purchase activity for newly built homes has outperformed existing home purchases for most of 2023. The lack of existing home inventory has been due to low mortgage rates in 2020 and 2021 that are keeping current homeowners from listing their homes.
More Than 80% of Home Buyers Consider Climate Risks When Shopping for a Home: Zillow
New Zillow research shows that more than 80% of prospective home buyers consider climate risks as they shop.