MBA’s annual Servicing Operations Study and Forum (SOSF) includes a deep-dive analysis and discussion of servicing costs, productivity, portfolio characteristics, and operational metrics for in‐house single-family servicers.
Tag: Chart of the Week
MBA Chart of the Week Oct. 9: MBA’s Servicing Operations Study and Forum
MBA’s annual Servicing Operations Study and Forum (SOSF) includes a deep-dive analysis and discussion of servicing costs, productivity, portfolio characteristics, and operational metrics for in‐house single-family servicers.
MBA Chart of the Week Oct. 2: FOMC Summary of Economic Projections for Fed Funds Rate
Each quarter, members of the Federal Open Market Committee (FOMC) submit their projections for various economic measures (i.e., real gross domestic product growth, the unemployment rate, inflation, and the federal funds rate). This month’s projections, shown in the Summary of Economic Projections (SEP), included 2026 for the first time.
MBA Chart of the Week Oct. 2: FOMC Summary of Economic Projections for Fed Funds Rate
Each quarter, members of the Federal Open Market Committee (FOMC) submit their projections for various economic measures (i.e., real gross domestic product growth, the unemployment rate, inflation, and the federal funds rate). This month’s projections, shown in the Summary of Economic Projections (SEP), included 2026 for the first time.
MBA Chart of the Week: Selected Indexes of Housing Costs
The monthly cost burden of purchasing a new home, as interest rates and house prices rose precipitously in 2022, continued in the first few months of 2023. For example, MBA’s Purchase Applications Payment Index (PAPI), hit a new high in May. Since then, despite 30-year mortgage interest rates eclipsing 7%, the index has come down slightly as median loan application amounts moderated. We are, however, still in record territory as shown by the solid green line in this week’s chart.
MBA Chart of the Week: Selected Indexes of Housing Costs
The monthly cost burden of purchasing a new home, as interest rates and house prices rose precipitously in 2022, continued in the first few months of 2023. For example, MBA’s Purchase Applications Payment Index (PAPI), hit a new high in May. Since then, despite 30-year mortgage interest rates eclipsing 7%, the index has come down slightly as median loan application amounts moderated. We are, however, still in record territory as shown by the solid green line in this week’s chart.
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.
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.
MBA Chart of the Week: HELOC and Home Equity Loan Commitment Volume
This week’s MBA Chart of the Week explores the known reasons that borrowers take out a HELOC or home equity loan.
MBA Chart of the Week: HELOC and Home Equity Loan Commitment Volume
This week’s MBA Chart of the Week explores the known reasons that borrowers take out a HELOC or home equity loan.