“Household formation has been depressed in recent years by a long, jobless recovery and by a lull in the growth of the working age population. Improving employment markets will build on major demographic trends-including maturing of Baby Boomers, Hispanics and Millennials-to create strong growth in both owner and rental housing markets over the next decade.”
–MBA Vice President of Research and Economics Lynn Fisher.
MBA Newslinks Archive
MBA Newslink 8-25-15
“Average company production volume was up in the second quarter, as purchase volume grew and mortgage pipelines from the first quarter’s refinance boomlet closed. The production volume increase resulted in a nominal decrease in per-loan production expenses, which offset a decrease in secondary marketing income.”–MBA Vice President of Industry Analysis Marina Walsh.