FOMC Cuts Rate 25 Basis Points; MBA Economist Weighs In
The Federal Reserve’s Federal Open Markets Committee cut the federal funds rate target by 25 basis points Sept. 17.
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.
Home Flipping Profits Reach 17-Year Low, ATTOM Finds
Profits for home flippers have been steadily falling for more than a decade, according to ATTOM, Irvine, Calif.
Realtor.com: Recent, Prospective Homebuyers Stressed About Insurance Affordability
Realtor.com, Santa Clara, Calif., released a new survey finding that 75% of recent and prospective homebuyers believe homeowners insurance could become unaffordable for them.
Atlanta Federal Reserve Bank: Homeownership Affordability Improves Slightly
Homeownership affordability improved slightly in July as mortgage interest rates moderated, the Federal Reserve Bank of Atlanta reported Friday.
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