Homebuyer affordability improved in August, with the national median payment applied for by purchase applicants decreasing to $2,100 from $2,127 in August, according to the Mortgage Bankers Association’s Purchase Applications Payment Index.
Category: News and Trends
Realtor.com: Buyers Show Increased Interest in Fixer-Uppers
Realtor.com, Santa Clara, Calif., found that properties marketed as fixer-uppers are garnering more interest from prospective buyers.
ICE First Look: Delinquencies Up; Foreclosure Activity Slowly Trending Higher
The national mortgage delinquency rate rose in August–largely driven by a calendar anomaly–while foreclosure activity continued its slow upward trend, ICE Mortgage Technology reported.
ATTOM: Homes Grow Less Affordable
The median home price reached a new high of $375,000 in the third quarter, according to ATTOM, Irvine, Calif.
Argyle’s John Hardesty: Why Intelligent Integration Is the Mortgage Industry’s Next Competitive Edge
The next phase of digital transformation is intelligent integration: the purposeful connection of systems so data can move freely, workflows become less manual and every tool adds measurable value rather than complexity.
MBA Premier Member Spotlight: Pragma
One in a continuing series of profiles of Premier Members of the Mortgage Bankers Association. Please contact MBA’s Alicia Goncalves, CMB for information about Premier Member spotlights.
Cotality: Single-Family Rent Growth Weakens in July
Cotality, Irvine, Calif., released its Single-Family Rent Index for July, finding that prices increased just 2.3% year-over-year.
Price Growth Slows Further in August, First American Reports
House price growth slowed further in August, offering some relief for buyers, First American Data & Analytics said in its Monthly Home Price Index Report.
Servicing Quote of the Week
“Mortgage rates, along with longer-term Treasuries moving in advance of this dovish shift in monetary policy, reached their lowest point for the year last week, spurring a strong jump in refinance activity.”
— MBA SVP and Chief Economist Mike Fratantoni speaking after the Fed’s latest rate announcement
MBA: Commercial and Multifamily Mortgage Debt Outstanding Increased in Second-Quarter 2025
The level of commercial/multifamily mortgage debt outstanding increased by $47.1 billion (1%) in the second quarter of 2025, according to the Mortgage Bankers Association’s (MBA) latest Commercial/Multifamily Mortgage Debt Outstanding quarterly report. Total commercial/multifamily mortgage debt outstanding rose to $4.88 trillion at the end of the second quarter. Multifamily mortgage debt alone increased $27.7 billion (1.3%) to $2.19 trillion from the first quarter of 2025.