MBA President Sees Mortgage Rates Plateauing

The video discusses the rise in mortgage rates and their potential impact on home buyers, highlighting the end of rate increases and the need to cool the housing market. It addresses economic pressures, supply chain issues, and the stability in mortgage originations despite a drop in refinances. The video also explores the role of the Mortgage Bankers Association in refinancing and the challenges faced by the industry due to rising interest rates. Finally, it examines the Federal Reserve's influence on the mortgage-backed securities market and the resulting rate volatility.

How has the refinancing landscape changed for consumers in recent times?

What is the significance of the Federal Reserve's actions on mortgage-backed securities?

What factors are contributing to the volatility of mortgage rates?