The Mortgage Bankers Association announced at its 2026 Annual Convention and Expo that total single-family mortgage origination volume is expected to decrease 5% to just under $2 trillion in 2027 from the $2.1 trillion expected in 2026.
Tag: Mike Fratantoni
Payrolls–and Unemployment Rate–Tick Upward in September
The job market trended somewhat weaker in September, with a payroll increase of only 29,000 and the prior two months revised downward by 60,000 jobs.
FOMC Increases Interest Rates; MBA’s Mike Fratantoni Reacts
The Federal Open Markets Committee Sept. 16 increased interest rates by 0.25%, setting the target range for the federal funds rate to 3.75-4%.
U.S. Adds 162,000 Jobs in August; Economist Mike Fratantoni Weighs In
Total nonfarm payroll employment increased by 162,000 in August and the unemployment rate was unchanged at 4.1%, per the U.S. Bureau of Labor Statistics.
FOMC Holds Interest Rates Steady; MBA’s Economist Weighs In
The Federal Open Markets Committee July 29 kept interest rates steady, holding the target range for federal funds rate at 3.5-3.75%.
MBA Economist Mike Fratantoni Reacts to Second-Quarter GDP Numbers
Per a Bureau of Economic Analysis release July 30, real gross domestic product increased at an annual rate of 1.5% in Q2 2026, according to the advance estimate.
Job Growth Slows; MBA’s Fratantoni Weighs In
The Bureau of Labor Statistics’ employment report for June showed a slowdown in job growth, with a gain of just 57,000 and a downward revision to the prior two months of 74,000 jobs.
MBA Releases New White Paper Examining How Demographic Trends Will Affect Housing Demand
For more than a decade, policymakers, researchers, and industry stakeholders have focused on addressing a persistent shortage of housing in the United States. However, changing demographic and market conditions suggest that the housing landscape may look markedly different in the years ahead. This is according to a new white paper released by the Mortgage Bankers Association (MBA) examining recent and emerging shifts in U.S. housing demand and supply.
Federal Reserve Leaves Rates Unchanged; Industry Economists Weigh In
The Federal Reserve June 17 held interest rates steady, maintaining the federal funds rate in its current range of 3.5%-3.75%.
115,000 Jobs Added in April; Industry Economists Share Thoughts
The Bureau of Labor Statistics May 8 released employment data for April, reporting 115,000 jobs were added and the unemployment rate was unchanged at 4.3%.