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Mortgage Application Activity Up 2.6%

Mortgage Application Activity Up 2.6%

by Phil Hall | May 8, 2024 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

More people were seeking mortgages last week, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 2.6% on a seasonally adjusted basis from one week earlier while...
Housing Economists Offer Mixed Views on Jobs Data

Housing Economists Offer Mixed Views on Jobs Data

by Phil Hall | May 3, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

This morning’s Labor Department data on the addition of 175,000 jobs in April and an uptick in the unemployment rate to 3.9% brought a mixed reaction from economists focused on the housing market. “An economy that is too hot is not good for interest rates,” said...
Mortgage Demand Down 2.7%

Mortgage Demand Down 2.7%

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

Mortgage application activity was down last week, according to the latest data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 2.7% on a seasonally adjusted basis from one week...
Mortgage Application Activity Rises Again

Mortgage Application Activity Rises Again

by Phil Hall | Apr 17, 2024 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity picked up for the week ending April 12, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 3.3% on a seasonally adjusted basis from...
New Home Purchase Mortgage Applications Up 6.2%

New Home Purchase Mortgage Applications Up 6.2%

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

Mortgage applications for new home purchases in March were 6.2% higher than one year earlier, according to data from the Mortgage Bankers Association (MBA). On a monthly measurement, applications increased by 1% from February. MBA estimated new single-family home...
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