Tag: MBA Chart of the Week

2020 and 2021 were record setting years with $4.11 trillion and $4.44 trillion in originations respectively, as the industry experienced record low mortgage rates and home price appreciation soared across the country.

According to data from MBA’s May 2023 Mortgage Credit Availability Index (MCAI), we saw the third consecutive month of declining credit availability, as the industry continued to see more consolidation and reduced capacity as a result of the tougher market.

According to data from MBA’s May 2023 Mortgage Credit Availability Index (MCAI), we saw the third consecutive month of declining credit availability, as the industry continued to see more consolidation and reduced capacity as a result of the tougher market.

National house price growth has cooled drastically since reaching a high of 18.5 percent in the third quarter of 2021, with first quarter 2023 house price appreciation coming in at 4.3%.

National house price growth has cooled drastically since reaching a high of 18.5 percent in the third quarter of 2021, with first quarter 2023 house price appreciation coming in at 4.3%.

National house price growth has cooled drastically since reaching a high of 18.5 percent in the third quarter of 2021, with first quarter 2023 house price appreciation coming in at 4.3%.

Ongoing stress caused by higher interest rates, uncertainty around property values and questions about fundamentals in some property markets are beginning to show up in commercial mortgage delinquency rates.

MBA recently released its April Purchase Applications Payment Index (PAPI), which revealed that affordability continued to erode in the first four months of 2023.

MBA recently released its April Purchase Applications Payment Index (PAPI), which revealed that affordability continued to erode in the first four months of 2023.