Lenders tightened mortgage credit in the first half of 2020, as the onset of the COVID-19 pandemic caused the economy to suffer its sharpest single-quarter contraction in history. Mortgage credit availability, as measured by our series of indexes, has recovered slightly in recent months. However, availability is still close to its tightest levels since 2014.
Tag: MBA Chart of the Week
MBA Chart of the Week: Monthly Housing Cost as Percentage of Income
This week’s MBA Chart of the Week uses AHS data to show the distribution of total monthly housing costs as a percentage of income. T
MBA Chart of the Week: Monthly Housing Cost as Percentage of Income
This week’s MBA Chart of the Week uses AHS data to show the distribution of total monthly housing costs as a percentage of income. T
MBA Chart of the Week: Unemployment Insurance Continued Claims
The COVID-19 pandemic continued to impact the labor market to close 2020. Friday’s release from the Bureau of Labor Statistics showed that faster layoffs led to a loss of 140,000 jobs in December and kept the headline unemployment rate (U-3) at 6.7 percent.
MBA Chart of the Week: Net Migration by Metropolitan Status
This week’s MBA Chart of the Week shows net migration by metropolitan status over the past five years. The green line shows that the net movement into nonmetropolitan areas has hovered around zero, growing by an average of 19,000 migrants (nationally). On the other hand, metropolitan areas absorbed more than 5.7 million migrants over this period.
MBA Chart of the Week: Net Migration by Metropolitan Status
This week’s MBA Chart of the Week shows net migration by metropolitan status over the past five years. The green line shows that the net movement into nonmetropolitan areas has hovered around zero, growing by an average of 19,000 migrants (nationally). On the other hand, metropolitan areas absorbed more than 5.7 million migrants over this period.
MBA Chart of the Week: CMBS Annual Issuance Volume
One way to gauge potential commercial mortgage-backed securities issuance volume is by looking at the spreads investors are willing to pay for bonds. Based on current new-issue spreads, 2021 could line-up to be a strong year.
MBA Chart of the Week: CMBS Annual Issuance Volume
One way to gauge potential commercial mortgage-backed securities issuance volume is by looking at the spreads investors are willing to pay for bonds. Based on current new-issue spreads, 2021 could line-up to be a strong year.
MBA Chart of the Week: Number of Unemployed Workers By Duration of Unemployment
Over the past three months, the pace of job gains has slowed from the rapid recovery seen over the summer. Similarly, the unemployment rate continues to decline, but at a more gradual pace.
MBA Chart of the Week: Number of Unemployed Workers By Duration of Unemployment
Over the past three months, the pace of job gains has slowed from the rapid recovery seen over the summer. Similarly, the unemployment rate continues to decline, but at a more gradual pace.