The recent snowstorms that disrupted the nation are being blamed for hampering mortgage application activity during the week ending Jan. 30. “Winter Storm Fern likely had an impact as much of the country was snowed in, hampering homebuying activity,” said Joel Kan,...
Mortgage application activity took a downturn for the week ending Jan. 23, according to data from the Mortgage Bankers Association (MBA). This week’s results include an adjustment for the Martin Luther King Jr. Day federal holiday. The Market Composite Index, the...
Mortgage application activity was on the rise thanks mainly to an upswing in refinance inquiries fueled by declining mortgage rates, according to data from the Mortgage Bankers Association (MBA) for the week ending Jan. 16. The Market Composite Index, the MBA’s...
Mortgage applications for new home purchases in December increased by 2.5% from one year ago, according to data from the Mortgage Bankers Association (MBA). On a month-over-month measurement, applications decreased by 3%. MBA estimated new single-family home sales...
Mortgage application activity soared during the week ending Jan. 9, according to data from the Mortgage Bankers Association (MBA). The data included an adjustment for the New Year’s Day holiday. The Market Composite Index, the MBA’s measure of mortgage loan...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
