Is the dream of homeownership slipping away? Joining us in this episode is Pete Mills, Senior Vice President of the Mortgage Bankers Association, to provide his expert perspective on the affordability crisis.

We discuss the complexities of today's market, including the impact of interest rates, buyer agent compensation, and financing challenges. Pete sheds light on the role of local governments in addressing supply issues and explores innovative solutions for making homeownership more accessible.

We also unpack how the Mortgage Bankers Association worked with the VA on the changes made post settlement and the Harris housing plan. This episode is packed with insights on the ever changing industry landscape.

Connect with Pete on LinkedIn and learn more about Mortgage Banker Association at www.mba.org/home.

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This podcast is produced by Two Brothers Creative 2024.