MBA Releases Statements Encouraging Senate Confirmation of Frank Cassidy, Joe Gormley, Travis Hill
MBA's President and CEO Bob Broeksmit, CMB, released a series of statements.
ACES Finds Modest Rise in Critical Defect Rate
ACES Quality Management, Denver, found the overall critical defect rate increased from 1.31% in the first quarter of 2025 to 1.51% in the second.
JLL Projects Slight Return to Positive for Construction Spending in 2026
JLL, Chicago, released its 2026 U.S. Construction Perspective, finding that construction spending fell 4.7% in 2025. However, the firm projects 0.4% growth in 2026, marking a slight improvement.
MBA: Mortgage Application Payments Decreased in October
Homebuyer affordability improved in October, with the national median payment applied for by purchase applicants decreasing to $2,039 from $2,067 in September, according to the Mortgage Bankers Association's Purchase Applications Payment Index, which measures how new monthly mortgage payments vary across time--relative to income--using data from MBA’s Weekly Applications Survey.






