Delinquency rates for mortgages backed by commercial properties increased during the first quarter of 2025. This is according to the Mortgage Bankers Association’s latest commercial real estate finance Loan Performance Survey.
Category: News and Trends
Mortgage Delinquencies Increase Slightly in First Quarter
The delinquency rate for mortgage loans on one-to-four-unit residential properties increased to a seasonally adjusted rate of 4.04% of all loans outstanding at the end of the first quarter of 2025, according to the Mortgage Bankers Association’s (MBA) National Delinquency Survey.
Southern Discomfort: Weather, Economic Headwinds Drive Home Insurance Premiums Through the Roof
For prospective home buyers already grappling with affordability constraints from rising home prices and elevated interest rates, this additional expense further chokes their budgets and erodes their house-buying power.
LendingTree: Property Taxes Rise in Large Metros
LendingTree, Charlotte, N.C., found median property taxes in the U.S. rose by an average of 10.4% from 2021-2023. They also rose in the largest 50 U.S. metro areas during that time period.
Redfin: Average Age of Purchased Home on the Rise
Redfin, Seattle, released a new report finding that the typical house bought in the U.S. hit a record age of 36 years in 2024.
Call for Nominations: MBA NewsLink 2025 Tech All-Star Awards
The MBA NewsLink 2025 Tech All-Star Awards nomination period is underway. Nominations are due by Friday, June 6.
MBA Weighs in on OMB Request for Information on Deregulation
The Mortgage Bankers Association weighed in yesterday on the Office of Management and Budget’s request for information on “unnecessary, unlawful, unduly burdensome, and unsound” rules.
Servicing Quote of the Week
“Home equity rates are near their highest points in recent years and the dip we’ve seen early this year in the proportion of equity-rich homes shouldn’t cause too much concern.”
–Rob Barber, CEO for ATTOM.
New Benefit for MBA Members: Perks Marketplace
Your MBA membership gets you access to discounts and offerings on our exclusive benefits platform, Perks Marketplace.
Fannie Mae: Mixed Results in Home Purchase Sentiment Index
Fannie Mae released its April 2025 National Housing Survey, including the Home Purchase Sentiment Index. The HPSI increased 1.1 points from March to 69.2, but remains down by 2.7 points year-over-year.