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Commentary</h1><div class="interior-layout page-bounds" data-sf-element="Row"> <div id="ContentPlaceholder_TE7ED040F001_interiorLayoutNav" class="sf_colsIn interior-layout__nav" data-sf-element="Nav" data-placeholder-label="Nav"> <div class="in-this-section"> <button type="button" class="in-this-section__toggle" data-toggle-target="next"> In This Section <span class="toggle-indicator"> <span class="toggle-indicator__piece toggle-indicator__piece--1"></span> <span class="toggle-indicator__piece toggle-indicator__piece--2"></span> <span class="toggle-indicator__piece toggle-indicator__piece--3"></span> </span> </button> <ul> <li class=""> <a href="/news-and-research/forecasts-and-commentary/cref-outlook-survey" target="_self">CREF Outlook Survey</a> </li> <li class=""> <a href="/news-and-research/forecasts-and-commentary/cref-forecasts" target="_self">CREF Forecasts</a> </li> <li class=""> <a href="/news-and-research/forecasts-and-commentary/economic-forecast-archives" 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MBA's highly regarded economists provide current economic data that factor into industry business decisions on a daily basis. Our forecasts and commentary help you better understand and analyze different trends and changes in the industry - past and present - to strategize for the future.<br /><br />Be in the know! 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href="/docs/default-source/research-and-forecasts/forecasts/2023/economic-forecast-jan-2023.pdf?sfvrsn=16ddd194_1"></a><a href="/docs/default-source/research-and-forecasts/forecasts/2023/economic-forecast-feb-2023.pdf?sfvrsn=36125240_1"></a><a href="/docs/default-source/research-and-forecasts/forecasts/2023/economic-forecast-mar-2023.pdf?sfvrsn=d6608881_1"></a><a href="/docs/default-source/research-and-forecasts/forecasts/2023/economic-forecast-apr-2023.pdf?sfvrsn=18feffbb_1"></a><a href="/docs/default-source/research-and-forecasts/forecasts/2023/economic-forecast-may-2023.pdf?sfvrsn=b6e89026_1"></a><a href="/docs/default-source/research-and-forecasts/forecasts/2023/economic-forecast-jun-2023.pdf?sfvrsn=fa084f4c_1"></a><a href="/docs/default-source/research-and-forecasts/forecasts/economic-forecast-jul-2023.pdf?sfvrsn=ae777dea_1"></a><a href="/docs/default-source/research-and-forecasts/forecasts/2023/economic-forecast-aug-2023.pdf?sfvrsn=5e7404c9_1"></a><a href="/docs/default-source/research-and-forecasts/forecasts/2023/economic-forecast-sep-2023.pdf?sfvrsn=d7e7bcf2_1"></a><a href="/docs/default-source/research-and-forecasts/forecasts/2023/economic-forecast-oct-2023.pdf?sfvrsn=a45ae566_1"></a><a href="/docs/default-source/research-and-forecasts/forecasts/2023/economic-forecast-nov-2023.pdf?sfvrsn=2553d81a_1"></a><a target="_blank" href="/docs/default-source/research-and-forecasts/forecasts/2023/econ_dec23.pdf?sfvrsn=bc99bea6_1"><a href="https://mbaforms.mba.org/EconomicForecast" target="_blank" data-sf-ec-immutable=""><img src="/images/default-source/research/20125-research-forecast-web-button-ef.png?sfvrsn=1e84c593_0" alt="" sf-size="87610" /></a></a> <p><br />This is MBA's forecast of key indicators of economic health such as GDP, consumer spending, employment and interest rates. <a href="/news-and-research/forecasts-and-commentary/economic-forecast-archives">View Archive</a>.</p></div> </div> </div> <div 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href="/docs/default-source/research-and-forecasts/forecasts/mortgage-finance-forecast-aug-2022.pdf?sfvrsn=a0dc2cc0_2"></a><a href="/docs/default-source/research-and-forecasts/forecasts/mortgage-finance-forecast-sep-2022.pdf?sfvrsn=e48612bf_1"></a><a href="/docs/default-source/research-and-forecasts/forecasts/mortgage-finance-forecast-oct-2022.pdf?sfvrsn=d32917_1"></a><a href="/docs/default-source/research-and-forecasts/forecasts/mortgage-finance-forecast-nov-2022.pdf?sfvrsn=a8e2944_1"></a><a href="/docs/default-source/research-and-forecasts/forecasts/mortgage-finance-forecast-dec-2022.pdf?sfvrsn=b584bf7_1"></a><a href="/docs/default-source/research-and-forecasts/forecasts/2023/mortgage-finance-forecast-jan-2023.pdf?sfvrsn=11688583_1"></a><a href="/docs/default-source/research-and-forecasts/forecasts/2023/mortgage-finance-forecast-feb-2023.pdf?sfvrsn=ca85e6b4_1"></a><a href="/docs/default-source/research-and-forecasts/forecasts/2023/mortgage-finance-forecast-mar-2023.pdf?sfvrsn=5c959afb_1"></a><a href="/docs/default-source/research-and-forecasts/forecasts/2023/mortgage-finance-forecast-apr-2023.pdf?sfvrsn=399bbd96_1"></a><a href="/docs/default-source/research-and-forecasts/forecasts/2023/mortgage-finance-forecast-may-2023.pdf?sfvrsn=4bf1d1a7_1"></a><a href="/docs/default-source/research-and-forecasts/forecasts/2023/mortgage-finance-forecast-jun-2023.pdf?sfvrsn=e90cf08b_1"></a><a href="/docs/default-source/research-and-forecasts/forecasts/mortgage-finance-forecast-jul-2023.pdf?sfvrsn=130f078e_1"></a><a href="/docs/default-source/research-and-forecasts/forecasts/2023/mortgage-finance-forecast-aug-2023.pdf?sfvrsn=ab7c1f86_1"></a><a href="/docs/default-source/research-and-forecasts/forecasts/2023/mortgage-finance-forecast-sep-2023.pdf?sfvrsn=6b08f6a5_1"></a><a href="/docs/default-source/research-and-forecasts/forecasts/2023/mortgage-finance-forecast-oct-2023.pdf?sfvrsn=bf4e4ff2_1"></a><a href="/docs/default-source/research-and-forecasts/forecasts/2023/mortgage-finance-forecast-nov-2023.pdf?sfvrsn=acef26ff_1"></a><a target="_blank" href="/docs/default-source/research-and-forecasts/forecasts/2023/mff_dec23.pdf?sfvrsn=cb984c16_1"><a href="https://mbaforms.mba.org/MortgageFinanceForecast" target="_blank" data-sf-ec-immutable=""><img src="/images/default-source/research/20125-research-forecast-web-button-mmf.png?sfvrsn=71d85d5_1" alt="" sf-size="67972" /></a></a> <p><br />This is MBA's mortgage originations forecast, along with estimates of major housing market indicators. <a href="/news-and-research/forecasts-and-commentary/mortgage-finance-forecast-archives">View Archive</a>.</p></div> </div> </div> <div id="ContentPlaceholder_C011_Col02" class="sf_colsIn grid__unit grid__unit--1-3-l" data-sf-element="Column 3" data-placeholder-label="Column 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