Bob Broeksmit outlines MBA priorities under Trump administration

Against the backdrop of a new presidential administration and a new Congress, Mortgage Bankers Association President and CEO Bob Broeksmit laid out the trade group’s priorities during the opening session of the MBA’s IMB25 conference Monday. First on the list? A smooth exit from conservatorship for

Why new-home sales are disappointing, despite beating estimates

Today’s new home sales report beat market expectations, just like last week’s existing home sales report. However, a detailed analysis of the data explains why housing permits continue to remain at recession-level figures. Builders are struggling to get clarity on how many homes they can sell in thi

Will we see home prices decline in 2025?

Recently, we’ve shared that the inventory of unsold homes is growing. In recent weeks, home sales also faltered in the face of 7% mortgage rates. Now we’re noticing some signals in the data that national home prices could turn negative this spring, showing year-over-year home-price declines for the