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Tag Archives: Mortgage Bankers Association (MBA)

AI Advancements Leading the Charge

Brett Brumley of Lender Toolkit discusses the challenges that lie ahead in the industry, and how advancements in artificial intelligence and machine learning will smooth the road ahead.

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A Window of Homebuying Opportunity Opens

With mortgage rates plummeting 26 basis points week-over-week, Redfin reports that buyers may have a limited amount of time to take advantage. The average rate now sits at its lowest level since mid-September … but for how long?

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Homebuyers Finding Relief in Home Price Drops

Redfin reports that many home sellers are getting just two or three offers as opposed to the 20 that were common at the pinnacle of the market. Find out what percentage of homes for sale posted a price drop during the past month.

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Putting Forbearances Under the Microscope

MBA forecasts that unemployment increases, a rise in property taxes, the resumption of student debt payments, and the potential for natural disasters will impact loan performance in the future months. Here’s what September’s forbearance data reveals.

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