MBA Chart of the Week Oct. 28 2022: Year-Over-Year Changes in Origination Volume

This week’s MBA Chart of the Week examines year-over-year changes in origination volume ($ and units) dating back to 2016, and the forecasted volume from 2022 to 2025. In 2022, we expect a 15% decline in purchase origination dollars from 2021 but a steeper 27% decrease in the number of loans.

MBA Chart of the Week Oct. 21 2022: Loans in Forbearance

In this week’s Chart of the Week, we show the year-to-date forbearance rates across all investor categories. The most substantial improvement was among portfolio and private-label securities loans.

MBA Chart of the Week Oct. 21 2022: Loans in Forbearance

In this week’s Chart of the Week, we show the year-to-date forbearance rates across all investor categories. The most substantial improvement was among portfolio and private-label securities loans. The forbearance rate has dropped 229 basis points since the beginning of the year.

MBA Chart of the Week Oct. 14 2022: Housing Costs

This week’s Chart of the Week highlights different measures of housing costs, all indexed to 2018. The lowest lines are the CPI measures of shelter costs, including the “’all-in” shelter measure and breakouts for rents and owners’ equivalent rents.

MBA Chart of the Week Oct. 14 2022: Housing Costs

This week’s Chart of the Week highlights different measures of housing costs, all indexed to 2018. The lowest lines are the CPI measures of shelter costs, including the “’all-in” shelter measure and breakouts for rents and owners’ equivalent rents.

MBA Chart of the Week Oct. 7, 2022: 2021 Housing Stock

In this week’s MBA Chart of the Week, we show the stock of occupied homes in the U.S. by the decade built and by building type. The chart indicates that the housing stock in the U.S. is aging.

MBA Chart of the Week Oct. 7, 2022: 2021 Housing Stock

In this week’s MBA Chart of the Week, we show the stock of occupied homes in the U.S. by the decade built and by building type. The chart indicates that the housing stock in the U.S. is aging.

MBA Chart of the Week Sept. 30, 2022: MBA Purchase Applications Payment Index

Last week, the Federal Housing Finance Agency released its Purchase-Only House Price Index for July. The HPI was down 0.6% from the previous month, although up 13.9% from July 2021. The HPI has increased by nearly 120% since March 2012 (yellow line), and is up 39% since the start of the COVID-19 pandemic in March 2020.

MBA Chart of the Week Sept. 30, 2022: MBA Purchase Applications Payment Index

Last week, the Federal Housing Finance Agency released its Purchase-Only House Price Index for July. The HPI was down 0.6% from the previous month, although up 13.9% from July 2021. The HPI has increased by nearly 120% since March 2012 (yellow line), and is up 39% since the start of the COVID-19 pandemic in March 2020.

MBA Chart of the Week Sept. 23, 2022–Fed Dot Plots

In response to inflation continuing to run well above its target of 2%, the Federal Reserve this week again raised the federal funds target by 75 basis points. Now at 3%, the rate above what most FOMC members consider to be the long-term level and should be effective in reducing demand and slowing inflation over time.