“Indicators are heading in the right direction. Robust homebuyer demand has put total home sales on pace for the best year since 2007 and look for that trend to continue.”
–Freddie Mac Deputy Chief Economist Len Kiefer.
MBA Newslinks Archive
MBA Newslink 8-26-15
“Household formation has been depressed in recent years by a long, jobless recovery and by a lull in the growth of the working age population. Improving employment markets will build on major demographic trends-including maturing of Baby Boomers, Hispanics and Millennials-to create strong growth in both owner and rental housing markets over the next decade.”
–MBA Vice President of Research and Economics Lynn Fisher.
MBA Newslink 8-25-15
“Average company production volume was up in the second quarter, as purchase volume grew and mortgage pipelines from the first quarter’s refinance boomlet closed. The production volume increase resulted in a nominal decrease in per-loan production expenses, which offset a decrease in secondary marketing income.”–MBA Vice President of Industry Analysis Marina Walsh.