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Mortgage Application Activity Down for Sixth Straight Week

Mortgage Application Activity Down for Sixth Straight Week

by Phil Hall | Nov 6, 2024 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity trended downward during the week ending Nov. 1, according to data from the Mortgage Bankers Association (MBA). This marked the sixth straight week of application activity decline. The Market Composite Index, the MBA’s measure of mortgage...
Mortgage Application Activity Flattens Out

Mortgage Application Activity Flattens Out

by Phil Hall | Oct 30, 2024 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity was flat in the latest data report from the Mortgage Bankers Association (MBA) covering the week ending Oct. 25. The Market Composite Index, the MBA’s measure of mortgage loan application volume, dipped by 0.1% on a seasonally adjusted...
Forecast: Mortgage Origination to Reach $2.3 Trillion in 2025

Forecast: Mortgage Origination to Reach $2.3 Trillion in 2025

by Phil Hall | Oct 28, 2024 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Total mortgage origination volume is expected to increase to $2.3 trillion in 2025 from the $1.79 trillion expected in 2024, according to a forecast from the Mortgage Bankers Association (MBA). In the new forecast, purchase originations will increase 13% to $1.46...
Mortage Application Activity and Credit Availability in Decline

Mortage Application Activity and Credit Availability in Decline

by Phil Hall | Oct 16, 2024 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity slowed down for the week ending Oct. 11, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 17% on both a seasonally adjusted and...
Refinancing Drives Up Mortgage Application Activity

Refinancing Drives Up Mortgage Application Activity

by Phil Hall | Sep 25, 2024 | Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Homeowners seeking refinancing drove the increased volume of mortgage applications for the week ending Sept. 20, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased...
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