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Mortgage Application Activity Inches Up Again

Mortgage Application Activity Inches Up Again

by Phil Hall | Jul 23, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity inched up for the week ending July 18, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 0.8% on a seasonally adjusted basis from...
Mortgage Rates on the Rise Again

Mortgage Rates on the Rise Again

by Phil Hall | Jul 17, 2025 | Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates were up for the second consecutive week, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.75% as of July 17, up from last week when it averaged 6.72%. A year ago at this...
Mortgage Applications on New Home Purchases Up 8.5% from Last Year

Mortgage Applications on New Home Purchases Up 8.5% from Last Year

by Phil Hall | Jul 17, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage applications for new home purchases increased 8.5% year-over-year in June, although applications were also down 4% from May. According to new data from the Mortgage Bankers Association, new single-family home sales were running at a seasonally adjusted annual...
Mortgage Application Activity and Credit Availability in Decline

Mortgage Application Activity and Credit Availability in Decline

by Phil Hall | Jul 16, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity and credit availability declined in the latest data reports from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 10% on a seasonally adjusted basis for...
Trump Accuses Sen. Adam Schiff of Mortgage Fraud, Says He ‘Needs to be Brought to Justice’

Trump Accuses Sen. Adam Schiff of Mortgage Fraud, Says He ‘Needs to be Brought to Justice’

by Phil Hall | Jul 15, 2025 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

President Donald Trump has accused Sen. Adam Schiff (D-CA) of mortgage fraud when Schiff was a member of the House of Representatives. In a posting on Truth Social, Trump stated Schiff listed a property in Maryland as his primary residence so he could achieve more...
Wall Street Journal Slams Trump-Pulte Housing Policies

Wall Street Journal Slams Trump-Pulte Housing Policies

by Phil Hall | Jul 14, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Wall Street Journal’s editorial board has published two scathing criticisms of the housing policies espoused by President Donald Trump and Federal Housing Finance Agency Director Bill Pulte. In the editorial “How to Increase Mortgage Defaults,” the Journal’s...
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