The latest data from the Mortgage Bankers Associations’ (MBA) Mortgage Credit Availability Index (MCAI) recorded a nadir not seen in a decade. The MCAI was down by 0.3% to 96.3 in July; the index was benchmarked to 100 in March 2012. The Conventional MCAI decreased by...
The Mortgage Bankers Association (MBA) has updated its forecast on total commercial and multifamily mortgage borrowing and lending for 2023 and is now predicting this activity sector will end the year at $504 billion, a 38% decline from 2022’s total of $816 billion....
Mortgage application activity slowed during the past week, according to new data from the Mortgage Bankers Association (MBA). The Market Composite Index, the trade group’s measurement for mortgage loan application volume, dropped by 3% on both a seasonally adjusted...
A total of $480.1 billion in new mortgages were originated in 2022 for apartment buildings with five or more units, according to new data from the Mortgage Bankers Association. This represents a 1% year-over-year decline. Last year’s total was generated by 2,242...
The latest housing market statistics showed a drop in home sales last month and a lower level of mortgage application activity last week. Sales of new single‐family houses in June were at a seasonally adjusted annual rate of 697,000, according to estimates published...
Zillow Cuts Its Late-2026 Home Sales Outlook as Rents Accelerate
