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Affordable Homeownership Opportunities Continue to Dwindle

Affordable Homeownership Opportunities Continue to Dwindle

by Phil Hall | Jun 29, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Median-priced single-family homes and condos were less affordable in the second quarter of this year compared to historical averages in 98% of counties around the nation with enough data to analyze, according to a new report from ATTOM. Nationwide, the median...

Mortgage Application Activity Continues to Rise

by Phil Hall | Jun 28, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Despite still-high rates and a still-low housing inventory, mortgage application activity was on the rise last week, according to new data from the Mortgage Bankers Association (MBA). The Market Composite Index, a measure of mortgage loan application volume, increased...
Mortgage Application Activity Records Scant Uptick

Mortgage Application Activity Records Scant Uptick

by Phil Hall | Jun 21, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage applications recorded a scant uptick in the latest data report from the Mortgage Bankers Association (MBA) that covers the week ending June 16. The Market Composite Index, a measure of mortgage loan application volume, saw a 0.5% rise on a seasonally adjusted...
Mortgage Application Activity Records an Uptick

Mortgage Application Activity Records an Uptick

by Phil Hall | Jun 14, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

There was an increase of activity in the mortgage application space, according to new data from the Mortgage Bankers Association (MBA) covering the week ending June 9. The Market Composite Index, a measure of mortgage loan application volume, was up by 7.2% on a...
Mortgage Credit Availability Tightens Again

Mortgage Credit Availability Tightens Again

by Phil Hall | Jun 13, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage credit availability was something of an elusive commodity last month, according to the Mortgage Credit Availability Index (MCAI) data from the Mortgage Bankers Association (MBA). The MCAI dropped by 3.1% to 96.5 in May – the index was benchmarked at 100 in...
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