Mortgage applications for new home purchases in December increased by 2.5% from one year ago, according to data from the Mortgage Bankers Association (MBA). On a month-over-month measurement, applications decreased by 3%. MBA estimated new single-family home sales...
The share of homeowners carrying mortgage rates above 6% has surpassed the share of those holding mortgages with rates below 3%, according to a new data report from Realtor.com. Mortgage rates have been above 6% since September 2022 and peaked at 7.04% in January...
Mortgage application activity soared during the week ending Jan. 9, according to data from the Mortgage Bankers Association (MBA). The data included an adjustment for the New Year’s Day holiday. The Market Composite Index, the MBA’s measure of mortgage loan...
The level of commercial/multifamily mortgage debt outstanding increased by $53.4 billion (1.1%) during the third quarter of 2025, according to data from the Mortgage Bankers Association (MBA). Total commercial/multifamily mortgage debt outstanding rose to $4.93...
The Trump administration is dropping its efforts to push for 50-year mortgages as a strategy to encourage affordable homeownership. In November, Federal Housing Finance Agency Director Bill Pulte encouraged President Trump to float the idea for the 50-year mortgage....
President Trump announced he is directing his “representatives” to buy $200 billion in mortgage bonds as a strategy for driving down mortgage rates. In a posting on Truth Social, Trump blamed former President Biden for ignoring the housing market and...
