Latest Updates Around The World
“The mortgage interest rate fell further last week, with the 30-year fixed rate to the lowest level since last September to 6.34%,” said Mike Fratantoni, senior vice president and chief economist of MBA. “The interest rates have generally risen after the FOMC meeting last week, but remain in a reach that should continue to lead […]
In his blog, posted on Thursday, Broeksmit warned that a merger of Fannie-Feddie would harm competition and increase the risks in the American home financing system, and noted that A similar idea was put forward by the National Economic Council In September 2016 and “received a careful assessment throughout the industry” before he was finally […]
“This new law is a big win for mortgage lenders who will protect them against the barrage of unwanted phone calls, SMS Mortgage banking association (MBA), said in a statement. “It will create a more efficient, responsible and respectful home purchase process when it comes into effect on March 5, 2026.” Broeksmit added that the […]
“The mortgage interest rate fell last week, in which the 30-year fixed rate fell to the lowest level since April to 6.64%. However, that was not enough to generate more application activities,” said Joel Kan, vice-president and substitute champion of MBA. The refinancing index rose by 1% compared to the last week and was 20% […]
The letter signed by MBA’s Associate Vice President of Government Housing Finance, Brendan Kelleher, is addressed to the deputy assistant secretary for single-family homes at Hud and was sent on the last date for comments set by the FHA. The MBA wrote that although it appreciates that FHA is investigating BNPL debts and its rapid […]
The comments from Fratantoni come when the Trump administration signals potential plans to merge the companies sponsored by the government (GSEs) and to pursue a supply offer this year. “There must be at least two GSEs and we think that competition in the secondary market is really beneficial for the system as a whole,” Fratantoni […]
The delinquency rate fell by 11 basic points from the first quarter of 2025 and 4 bps Down of Q2 2024. The share of loans on which shielding actions were started in the second quarter fell by 3 bp to 0.17%. “The seasonal graduate of mortgage-like delinquency rate fell to 3.93% in the second quarter […]
He also held positions earlier Newmark Knight Frank” Berkeley Point Capital And Oppenheimer & Co. Cassidy, located in Philadelphia, was an Honoree from 2025 for the Philadelphia Business Journal’s 40 Under 40 Award. Frank Cassidy Bob Broeksmit, President and CEO of the Mortgage banking association (MBA), a status of support released for the nomination of […]
