“While rising home values can influence property taxes, they don’t automatically lead to higher bills for homeowners. In many areas, we’ve seen taxes increase not just due to property appreciation, but also because of growing costs to operate local governments and schools or shifts in how tax burdens are distributed.”
–Rob Barber, CEO at ATTOM
“Overall mortgage performance improved in March, with more borrowers making their mortgage payments and fewer borrowers in forbearance and loan workouts compared to the prior month.”
–MBA’s Vice President of Industry Analysis Marina Walsh, CMB
“In these last three months of frenetic change, I can assure you that MBA is bringing to bear our clout, our credibility and our common sense to the business of governing.”
–MBA’s President and CEO Bob Broeksmit, CMB
“Halting the VASP program will increase the number of veterans facing foreclosure unless the VA and Congress implement a permanent partial claim option as soon as possible.”
–MBA’s President and CEO Bob Broeksmit, CMB
“It’s clear: Homeowners insurance and taxes are taking up an increasing share of a family’s monthly housing cost.”
–John Paasonen, Maxwell Co-founder and CEO
“Housing equity growth slowed in 2024 versus 2020-2023 due to moderating price appreciation, but homeowners maintain substantial equity gains from prior years, preserving their strong financial position.” –Selma Hepp, Chief Economist for CoreLogic.
“Despite February’s monthly decline of loans in forbearance, the estimated number of forbearances and loan workouts increased compared to one year ago.”
–MBA’s Vice President of Industry Analysis Marina Walsh, CMB
“While it’s no surprise that insurance costs are rising, we’re beginning to see emerging trends in terms of how homeowners are responding to the higher cost environment.”
–Andy Walden, Head of Mortgage and Housing Market Research for Intercontinental Exchange
“National-level delinquency rates for December show a mortgage market with strong performance, with 97% of borrowers making on-time payments. The rate is unchanged from a year earlier and a bit better than a month earlier.”
–Molly Boesel, Principal Economist for CoreLogic.
“While the number of forbearance requests grew in January, the number of forbearance exits outweighed that pick-up, reaching the highest level since June 2022.”
–Marina Walsh, CMB, MBA’s Vice President of Industry Analysis
