Fewer people were seeking out mortgage applications, according to data from the Mortgage Bankers Association (MBA) for the week ending Feb. 23. The Market Composite Index, the MBA’s measure of mortgage loan application volume, dropped by 5.6% on a seasonally adjusted...
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...
The delinquency rate for mortgage loans on one-to-four-unit residential properties increased to a seasonally adjusted rate of 3.88% of all loans outstanding during the fourth quarter of 2023, according to new data from the Mortgage Bankers Association (MBA). The...
Mortgage applications were on the rise last week a new survey finds most Americans are predicting a decline in mortgage rates this year. The Mortgage Bankers Association’s (MBA) Market Composite Index was up by 3.7% on a seasonally adjusted basis from one week earlier...
Sales of new single‐family houses in December were at a seasonally adjusted annual rate of 664,000, according to estimates from the U.S. Census Bureau and the Department of Housing and Urban Development. This is 8% above the revised November rate of 615,000 and is...