No Surprise: Refi Demand Sapped by Rate Spike
Mortgage application activity declined for the second consecutive week as rising interest rates continued to weigh on demand. The Mortgage Bankers Association (MBA) reported a decrease of 10.5% on a seasonally adjusted basis for the week ending March 20. Both major components moved lower. The Refina
Property tax revenues jumped 5% in 2025
The latest rise in property tax collections at the end of last year continued a nine-quarter streak of increases, according to the National Association of Home Builders.
Even as GSEs step into MBS market, macro forces are controlling mortgage rates
Fannie Mae and Freddie Mac have been active in the mortgage-backed securities (MBS) market in recent weeks — but their approach appears more measured and opportunistic than many initially expected. Their activity has also been overshadowed by the U.S.-Iran conflict. “We’ve seen some activity from t
Pamela Heman
Phone:+1(816) 810-5001