The availability of conventional loans drove most of the increase, up 2.1% over the month. Availability of government-backed loans – inclusive Federal Housing Administration (FHA), The U.S. Department of Veterans Affairs (VA) and US Department of Agriculture (USDA) programs – increased 0.1%. Within the conventional category, jumbo loan availability increased 2.9%, while conforming loan availability […]
The Association of Mortgage Bankers (M.B.A.) announced Sunday that it expects total mortgage origination volume for single-family homes to rise to $2.2 trillion in 2026, up from an expected $2.0 trillion in 2025. Mike Fratantoni, chief economist and senior vice president for research and business development, spoke at the 2025 annual convention and expo; Joel […]