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...
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 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 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...
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...