Tag Archives: Sam Khater

The MBA, NAR, and NAHB have sent a letter to the Board of Governors of the Federal Reserve about the industry’s concerns over negative market impacts stemming from the Fed’s monetary policy actions.

Ginnie Mae reports that its June 2023 recorded MBS issuance will support the financing of 130,000-plus households nationwide, including more than 62,000 first-time homebuyers.

With news that inflation may have peaked, Freddie Mac reports that the fixed-rate mortgage fell below the 7% mark, leading to a slight rise in overall mortgage app volume for the week.

Prospective buyers thwarted by record-high prices and inflationary issues may find relief in the coming weeks as Realtor.com notes softening demand and rising supply may give way to more buying opportunities.

A new forecast by the MBA finds that while originations are expected to decline 33% from this year, lenders will turn their attention to their servicing business in order to meet profit margins.

For the 15th straight week, the share of mortgage loans in forbearance has dropped, with employment showing signs of strength.

Rates remain below the 3% mark as a slight uptick in apps proves more are jumping into the refi ring before an inevitable rise in the coming weeks.

Even though rates began an upswing, millennials did not slow down their pace of home purchases, closing slightly more than 50% of all purchase activity.

Consumers polled by the GSE found that while the housing market has dipped slightly, rising employment numbers will boost confidence in the coming months.

The latest economic and housing market forecast by Freddie Mac predicts that while economic growth will likely moderate, there might be hope for home sales. Here’s why.