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Mortgage Application Volume Up Nearly 10%

Mortgage Application Volume Up Nearly 10%

by Phil Hall | Jan 10, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The new year began on a positive note for the mortgage space, according to data from the Mortgage Bankers Association (MBA) for the week ending Jan. 5. The Market Composite Index, the MBA’s measure of mortgage loan application volume, jumped by 9.9% on a seasonally...
Mortgage Credit Availability Down in December to 11-Year Low

Mortgage Credit Availability Down in December to 11-Year Low

by Phil Hall | Jan 9, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage credit availability decreased in December, according to new data from the Mortgage Bankers Association (MBA). The trade organization’s Mortgage Credit Availability Index (MCAI) dropped by 4.6% last month to 92.1 – the index was benchmarked at 100 in March...
Mortgage Application Activity Ended 2023 in Decline

Mortgage Application Activity Ended 2023 in Decline

by Phil Hall | Jan 3, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity for the last two weeks of 2023 was down, according to new data from the Mortgage Bankers Association (MBA) for the week ending Dec. 29. The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 9.4% on a...
Mortgage Credit Availability Down in November

Mortgage Credit Availability Down in November

by Phil Hall | Dec 12, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage credit availability declined in November, according to data from the Mortgage Bankers Association (MBA). The trade organization’s Mortgage Credit Availability Index (MCAI) dropped by 1.7% to 96.5 last month; the index was benchmarked to 100 in March 2012. The...
Mortgage Application Activity Up 2.8%

Mortgage Application Activity Up 2.8%

by Phil Hall | Dec 6, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity was on the rise again, according to Mortgage Bankers Association (MBA) data for the week ending Dec. 1. The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 2.8% on a seasonally adjusted basis from...
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