More than 1,000 Housing Professionals Urge Congress to Act on Key Affordability Issues
June 11 2025 | |
“Members of the housing community from across the nation have come to Washington for the National Association of Home Builders (NAHB) 2025 Legislative Conference to deliver an urgent message to their lawmakers: The best way to ease the nation’s housing affordability crisis and boost housing production is to break down the barriers that are impeding new home and apartment construction,” said NAHB Chairman Buddy Hughes.
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Mortgage Applications Increase in Latest MBA Weekly Survey
June 11 2025 | |
“Coming out of the Memorial Day holiday, mortgage applications increased to the highest level in over a month, driven by growth in both purchase and refinance applications. Treasury rates saw some movement during the week, which resulted in additional opportunities for borrowers,” said Joel Kan, MBA’s Vice President and Deputy Chief Economist. “The rate for 15-year fixed rate loans and FHA loans saw declines last week, while the 30-year fixed rate was largely unchanged.”
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Mortgage Credit Availability Increased in May
June 10 2025 | |
“Credit supply increased to its highest level since August 2022, driven by growth in the supply of both conventional and government loans, as lenders offered a greater variety of loan types to support the spring homebuying season,” said Joel Kan, MBA’s Vice President and Deputy Chief Economist.
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American Land Title Association Announces Chris Morton as Chief Executive Officer
June 10 2025 | |
“As the leader of our advocacy efforts, Chris Morton has been the public voice of our industry in Washington,” said Richard Welshons MTP, NTP, president of ALTA. “He brings the right mix of experience, vision and steady leadership to guide ALTA. We thank Diane Tomb for her years of service and wish her well in future endeavors.”
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New Study Reveals Significant Economic Impact of Housing Industry Labor Shortage
June 10 2025 | |
“The Home Builders Institute (HBI) is proud to be part of the solution to the nation’s skilled labor shortage,” said HBI President and CEO Ed Brady. “Through hands-on training programs and industry-recognized certifications, HBI is equipping the next generation of construction professionals with the skills needed to meet growing demand."
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NAR Board of Directors Ratifies Changes to Standard of Practice 10-5 and Professional Standards Policy Statement 29
June 05 2025 | |
“NAR continually assesses and, when appropriate, amends the Code of Ethics to ensure the specific articles are clear in their language and intent, and can be enforced fairly and consistently,” said Kevin Sears, President of NAR. “Consistent with our deep commitment to upholding principles of fair housing and equal treatment for all consumers, these amendments provide clarity to our members, reduce risk for state and local associations enforcing the Code of Ethics, and bring Article 10 in line with similar requirements applied by other large trade associations.”
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Mortgage Applications Decrease in Latest MBA Weekly Survey
June 04 2025 | |
“Most mortgage rates moved lower last week, with the 30-year fixed rate declining to 6.92 percent and staying in the 6.8 percent to 7 percent range since April," said Joel Kan, MBA’s Vice President and Deputy Chief Economist. “Mortgage applications decreased over the week but continue to exhibit annual gains, with purchase applications running 18 percent ahead of last year’s place."
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Mixed Conditions for Single-Family Construction, Apartment Boost in Smaller Metros
June 03 2025 | |
“Single-family housing construction moderated to start the year as economic expectations remain uncertain,” said NAHB Chairman Buddy Hughes, a home builder and developer from Lexington, N.C. “Meanwhile, multifamily output remained lackluster in high-density areas but registered strong growth in areas surrounding smaller metro centers.”
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Commercial and Multifamily Mortgage Delinquency Rates Increased in First-Quarter 2025
June 03 2025 | |
“Commercial mortgage delinquencies rose across all major capital sources in the first quarter of 2025, reflecting growing pressure on certain property sectors and loan types,” said Reggie Booker, MBA’s Associate Vice President of Commercial Real Estate Research. “While delinquency rates remain relatively low for most investor groups, the uptick in CMBS delinquencies signals heightened stress in parts of the market that lack refinancing options or other challenges.”
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