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MBA: Purchase Loan Applications at Lowest Level Since 1995

MBA: Purchase Loan Applications at Lowest Level Since 1995

by Phil Hall | Nov 1, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity was down for the third consecutive week, according to new data from the Mortgage Bankers Association (MBA). The Market Composite Index, the trade group’s measure of mortgage loan application volume, was down by 2.1% on a seasonally...
Mortgage Application Activity Continues to Slump

Mortgage Application Activity Continues to Slump

by Phil Hall | Oct 25, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage applications activity continued to decline, according to data from the Mortgage Bankers Association (MBA) for the week ending Oct. 20. The Market Composite Index, the trade group’s measure of mortgage loan application volume, was down by 1% on both a...
Mortgage Application Activity Sinks to 28-Year Low

Mortgage Application Activity Sinks to 28-Year Low

by Phil Hall | Oct 18, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity plummeted to a 28-year low, according to data from the Mortgage Bankers Association (MBA) covering the week ending Oct. 13. The Market Composite Index, the trade group’s measure of mortgage loan application volume, slumped by 6.9% on a...
Slight Uptick in Mortgage Application Activity

Slight Uptick in Mortgage Application Activity

by Phil Hall | Oct 11, 2023 | Mortgage Information, News/Current Events, U.S. Housing Market, WRE News Exclusive

Mortgage application activity recorded a slight uptick last week, according to new data from Mortgage Bankers Association (MBA). The Market Composite Index, the trade group’s measure of mortgage loan application volume, inched up by 0.6% on a seasonally adjusted basis...
Mortgage Credit Availability Up Slightly in September

Mortgage Credit Availability Up Slightly in September

by Phil Hall | Oct 10, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage credit availability increased in September, according to the Mortgage Bankers Association (MBA). The MBA’s Mortgage Credit Availability Index (MCAI) increased by 0.6% to 97.2 last month; the index was benchmarked to 100 in March 2012. Both the Conventional...
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