After a slow start to this year, borrowing and lending backed by commercial real estate properties picked up during the third quarter. Originations increased 59 percent compared to a year ago and increased 44 percent from the second quarter of 2024.
Tag: MBA Chart of the Week
Chart of the Week: 10-Year Treasury and 30-Year Fixed Mortgage Rates
Both Treasury yields and mortgage rates declined from April to September 2024 in anticipation of the Federal Reserve’s first rate cut, influenced by the cooling job market and inflation moving towards the Fed’s 2 percent goal.
Chart of the Week: Purchase Applications Payment Index for Selected States
As attendees from this year’s Annual Convention and Expo returned to their respective states, many messages are top of mind. One priority is supply and affordability.
MBA Chart of the Week: Homeownership Rates
The Census Bureau recently released its 2023 American Community Survey one-year estimates.
MBA Chart of the Week: Share of Originations by Production Channel
The broker wholesale and non-delegated correspondent production channels accounted for a combined 20.5 percent of dollar volume originated in 2023 per MBA’s analyses of the Home Mortgage Disclosure Act (HMDA) data.
Chart of the Week: Payroll Growth and Unemployment Rate
The August employment report confirmed that the job market is cooling.
Chart of the Week: 2023 HELOC and Home Equity Origination Volume by Valuation Method
MBA recently completed its 2024 Home Equity Lending Study (covering 2023 data) tracking trends in origination and servicing operations for home equity lines of credit and home equity loans.
MBA Chart of the Week: State, Local Building Performance Standards
New York City has Local Law 97. Washington D.C. has its Building Energy Performance Standards (BEPS). Seattle has its Building Emissions Performance Standards (also BEPS). Denver has its Building Performance Policy (BPP).
MBA Chart of the Week: Value of Private Construction Put-in-Place
Physicists have protons, neutrons, and electrons. Biologists have DNA and RNA. And economists have supply and demand — the building blocks upon which most of our understanding of markets rest.
Chart of the Week: Annual Cost of Servicing Performing and Non-Performing Loans
Based on the most recent completed study cycle, fully-loaded servicing costs remained flat relative to the previous year at an average of $237 per loan. But that only tells part of the story.