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Mortgage Application Activity Drops, Forbearance Levels Rise

Mortgage Application Activity Drops, Forbearance Levels Rise

by Phil Hall | Aug 21, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity took a nosedive for the week ending Aug. 16, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 10.1% on a seasonally adjusted basis...
Mortgage Application Activity Drops While Forbearance Levels Inch Up

Mortgage Application Activity Drops While Forbearance Levels Inch Up

by Phil Hall | Jul 24, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity slowed while the number of mortgages in forbearance started to rise, according to new data from the Mortgage Bankers Association (MBA). In tracking the week ending July 19, the MBA’s Market Composite Index dropped by 2.2% on a seasonally...
Mortgage Application Activity Inches Up

Mortgage Application Activity Inches Up

by Phil Hall | Jun 26, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity enjoyed a slight uptick for the week ending June 21, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, inched up by 0.8% on a seasonally...
Share of Mortgages in Forbearance at 0.22%

Share of Mortgages in Forbearance at 0.22%

by Phil Hall | May 21, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total number of 110,000 homeowners were in forbearance plans during April, according to data from the Mortgage Bankers Association (MBA). The total number of loans in forbearance remained unchanged at 0.22% from one month earlier. Last month, the share of Fannie Mae...
Mortgage Application Activity Goes Kerplop

Mortgage Application Activity Goes Kerplop

by Phil Hall | Feb 21, 2024 | Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

The level of mortgage application activity plummeted in the latest data report from the Mortgage Bankers Association (MBA). For the week ending Feb. 16, the MBA’s Market Composite Index dropped by 10.6% on a seasonally adjusted basis from one week earlier; the...
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