The national median payment made by purchase loan applicants in March increase to $2,131 from $2,061 in February. According to a data report from the Mortgage Bankers Association (MBA), the median payment was down by $43 from one year ago, equal to a 2.0% decrease....
Mortgage application activity declined during the week ending April 24, according to data from the Mortgage Bankers Association. The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 1.6% on a seasonally adjusted basis from one...
Total commercial real estate mortgage borrowing and lending is estimated to have totaled $706 billion in 2025. According to data from the Mortgage Bankers Association, last year’s total marked a 40% increase from the $505 billion in 2024 and a 65% spike from the $429...
The national mortgage delinquency rate declined by 37 basis points (bps) in March to 3.35%, although it was 14 bps above last year’s level, according to data from Intercontinental Exchange Inc. (NYSE: ICE). Prepayment speeds (SMM) were up by 24 bps from February to...
The 30-year fixed-rate mortgage averaged 6.23% as of April 23, down from last week when it averaged 6.30%. According to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC), the mortgage averaged 6.81% at this time one year ago. The 15-year...
Mortgage application activity took a vibrant upswing during the week ending April 17, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 7.9% on a seasonally...
Hits and Misses for the Real Estate Week of June 22-26
