During 2023, 2,520 multifamily lenders provided a combined total of $246.2 billion in new mortgages for apartment buildings with five or more units during 2023, according to data from the Mortgage Bankers Association (MBA). This represents a 49% decline from 2022...
Mortgage application activity recorded a healthy upswing in new data from the Mortgage Bankers Association (MBA) covering the week ending Aug. 9. The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 16.8% on a seasonally...
Mortgage credit availability was on the rise last month, according to data from the Mortgage Bankers Association (MBA). The trade group’s Mortgage Credit Availability Index (MCAI) was up by 3.3% to 98.1 in July; the index was benchmarked to 100 in March 2012. The...
Mortgage application activity was on the rise for the week ending Aug. 2, according to new data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 6.9% on a seasonally adjusted...
Mortgage application activity dropped during the week ending July 26, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 3.9% on a seasonally adjusted basis from...
UWM Says VantageScore 4.0 Improves Results for 1 in 4 Borrowers
