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Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Housing Starts for February. The consensus is for 1.383 million SAAR, up from 1.366 million SAAR. Industrial Production and Capacity Utilization for February. The consensus is a 0.3% increase in Industrial Production, and for Capacity Utilization to be unchanged at 77.8%.
10 hours ago

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MBA Survey: Share of Mortgage Loans in Forbearance Decreases to 0.38% in February

From the MBA: Share of Mortgage Loans in Forbearance Decreases Slightly to 0.38% in February The Mortgage Bankers Association’s (MBA) monthly Loan Monitoring Survey revealed that the total number of loans now in forbearance decreased by 2 basis points from 0.40% of servicers’ portfolio volume in the prior month to 0.38% as of February 28, 2025. According to MBA’s estimate, 190,000 homeowners are in forbearance plans. Mortgage servicers have provided approximately 8.6 million forbearances since March 2020. By reason, 73.0% of borrowers are in forbearance for reasons such as a temporary hardship caused by job loss, death, divorce, or disability. Another 24.2% are in forbearance because of a natural disaster. The remaining 2.8% of borrowers are still in forbearance because of COVID-19. emphasis added At the end of February, there were about 190,000 homeowners in forbearance plans.

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3rd Look at Local Housing Markets in February

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