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Mortgage Application Activity Up 11.2%

Mortgage Application Activity Up 11.2%

by Phil Hall | Mar 12, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage applications were on the rise again, according to data from the Mortgage Bankers Association (MBA) for the week ending March 7. The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 11.2% on a seasonally adjusted basis...
Mortgage Credit Availability at Highest Level in a Year

Mortgage Credit Availability at Highest Level in a Year

by Phil Hall | Mar 11, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage credit availability increased in February, according to data from the Mortgage Bankers Association (MBA). The MBA’s Mortgage Credit Availability Index (MCAI) inched up by 1.4% last month to 100.4; the index was benchmarked to 100 in March 2012. The...
Refinancing Fuels 20.4% Upswing in Mortgage Application Activity

Refinancing Fuels 20.4% Upswing in Mortgage Application Activity

by Phil Hall | Mar 5, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity soared for the week ending Feb. 28 thanks largely to corybantic refinance activity, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume,...
Mortgage Application Activity Slows Down

Mortgage Application Activity Slows Down

by Phil Hall | Feb 26, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity slipped during the week ending Feb. 21, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 1.2% on a seasonally adjusted basis from...
New Reports Find Mortgage Applications in Decline as Mortgage Affordability Frays

New Reports Find Mortgage Applications in Decline as Mortgage Affordability Frays

by Phil Hall | Feb 24, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Two new data reports are showing a decline in mortgage applications for new home purchases and the increased challenges in being able to afford a mortgage. The Mortgage Bankers Association (MBA) reported mortgage applications for new home purchases decreased 6%...
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