Michael Tucker

Editorial Director, MBA Newslink at The Mortgage Bankers Association

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Articles

Housing Starts Plummet to Five-Year Low

1 week ago | newslink.mba.org | Michael Tucker

Housing starts plummeted 10% in May to their lowest level since 2020, the U.S. Census Bureau reported Wednesday. Starts fell 4.6% from the same period last year, Census reported. The month-over-month pull back was primarily due to a drop in the volatile multifamily groundbreaking, while a decline in single-family building permits points to a weaker trend moving forward.
CFPB Servicing Rule Change Raises Alarm for Bankers

1 week ago | newslink.mba.org | Michael Tucker

National Mortgage News, June 17, 2025-Spencer LeeThe American Bankers Association voiced its concerns over a proposed Consumer Financial Protection Bureau final rule to eliminate a pandemic-era policy affecting loss-mitigation procedures that brought flexibility to servicers. Click here for more (subscription)
Nearly 30% of Homeowners Considering Home Equity Loans, MeridianLink Finds

1 week ago | newslink.mba.org | Michael Tucker

Nearly three in 10 American homeowners are considering taking out a home equity loan or HELOC in the next 12 months, according to a new survey from MeridianLink, Costa Mesa, Calif. The figure is up a notable 7% compared to 2022, reflecting a shift in consumer sentiment despite lingering concerns about affordability, repayment risks and knowledge gaps, MeridianLink noted.
Developers Are Finally Dealing With the Office-Oversupply Problem

1 week ago | newslink.mba.org | Michael Tucker

Wall Street Journal, June 17, 2025-Peter GrantAmerica has a glut of office buildings. That longstanding surplus is finally shrinking. Supply is on pace to contract for the first time in 25 years, as incentives help accelerate conversions to residential buildings. Click here for more (subscription)
Fannie Mae Panel Expects Moderating Home Price Growth Through 2026

1 week ago | newslink.mba.org | Michael Tucker

Following national home price growth of 5.3% in 2024, a panel of more than 100 housing experts forecasts home price growth will average 2.9% this year and 2.8% next year. , according to the Q2 2025 Fannie Mae Home Price Expectations Survey. Fannie Mae noted the panel’s latest estimates of national home price growth are revised from last quarter’s expectations of 3.4% for 2025 and 3.3% for 2026, as measured by the Fannie Mae Home Price Index.
Hidden Costs of Homeownership Average $21,400 Annually, Bankrate Reports

1 week ago | newslink.mba.org | Michael Tucker

The average annual hidden costs associated with homeownership for a single-family home in the United States total $21,400, a new study from Bankrate found. Bankrate’s Hidden Costs of Homeownership Study found a wide range in homeownership costs across the country: expenses in the most expensive state, Hawaii, were nearly triple those in West Virginia.
CBRE: ‘Fragile’ Job Outlook for Life Sciences Jobs

1 week ago | newslink.mba.org | Michael Tucker

U.S. life sciences employment has wavered between small gains and declines since 2022 as the sector grappled with capital constraints and layoffs, leaving its growth prospects fragile this year, according to a new report from CBRE. CBRE analyzed 100 U.S. life sciences markets in its 2025 Life Sciences Talent Trends report, updating its talent rankings of the top 25 markets in three subsectors: research and development, manufacturing and medtech.
Planning for Commercial Building Grows, Dodge Finds

2 weeks ago | newslink.mba.org | Michael Tucker

The Dodge Momentum Index grew 3.7% in May to 211.2, indicating an increase in planning for both commercial and institutional buildings, the Dodge Construction Network reported. During the month, commercial planning grew 0.8% while institutional planning jumped 10.5%. “Nonresidential planning continued to accelerate in May, primarily driven by strong project activity on the institutional side of the Dodge Momentum Index,” Dodge Associate Director of Forecasting Sarah Martin said.
Cotality Finds External Pressures Suppressing Home Price Growth

2 weeks ago | newslink.mba.org | Michael Tucker

Widespread concern about personal finances, job prospects and potential tariff impacts are weighing on home prices, according to Cotality, Irvine, Calif. The Cotality Home Price Index for April found the lowest home price growth in more than a decade.
Colliers: Industrial Sector Slowing

2 weeks ago | newslink.mba.org | Michael Tucker

A shrinking construction pipeline for industrial properties has resulted in a 63% decrease in new supply over the past year in the country’s 25 largest industrial markets, according to Colliers, Toronto. “As a result, vacancy has begun to rise more gradually, to an average of 6.9% in these markets, an increase of just 88 basis points year-over-year,” Colliers said in a new report, Markets That Move America.