Mortgage credit became more accessible in July, according to the Mortgage Credit Availability Index (MCAI) report from the Mortgage Bankers Association (MBA). The MCAI rose by 2.5% to 108.4 last month; the index was benchmarked to 100 in March 2012. The Conventional...
Mortgage application activity slowed down during the week ending July 24, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, dropped by 6.4% on a seasonally adjusted basis...
Mortgage applications for new home purchases in June declined by 6% from May but increased 2.4% from one year before, according to data from the Mortgage Bankers Association (MBA). The trade group estimated new single-family home sales were running at a seasonally...
A pair of new data reports from the Mortgage Bankers Association (MBA) found mortgage application activity and mortgage credit availability in decline. The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 2.7% on a seasonally...
Mortgage application activity inched up slightly for the week ending June 26, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, recorded a very mild 0.04% uptick on a...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
