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Mortgage Application Activity Down 2.3%

Mortgage Application Activity Down 2.3%

by Phil Hall | Feb 14, 2024 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Fewer people were filling out mortgage applications last week, according to new data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, dropped by 2.3% week-over-week on a seasonally adjusted...
Mortgage Credit Availability Inched Up in January

Mortgage Credit Availability Inched Up in January

by Phil Hall | Feb 9, 2024 | Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage credit availability recorded a mild uptick during January, according to new data from the Mortgage Bankers Association (MBA). The MBA’s Mortgage Credit Availability Index (MCAI) recorded a 0.7% uptick last month to a 92.7 reading; the index was benchmarked to...
Mortgage Application Activity Declines by 7.2%

Mortgage Application Activity Declines by 7.2%

by Phil Hall | Jan 31, 2024 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage applications activity took a downturn in the latest data report from the Mortgage Bankers Association (MBA) for the week ending Jan. 26. The Market Composite Index was down by 7.2% on a seasonally adjusted basis from one week earlier, although the unadjusted...
Mortgage Applications for New Home Purchases Up 22.2%

Mortgage Applications for New Home Purchases Up 22.2%

by Phil Hall | Jan 19, 2024 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage applications for new home purchases in December were up by 22.2% from one year earlier, according to new data from the Mortgage Bankers Association (MBA). Compared to November, the application volume dipped by 4%. The MBA estimated new single-family home...
Mortgage Application Activity Up 10.4%

Mortgage Application Activity Up 10.4%

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

A growing number of people are seeking out mortgage applications, according to data from the Mortgage Bankers Association (MBA) for the week ending Jan. 12. The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 10.4% on a...
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