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Mortgage Forbearance Levels Down Slightly in March

Mortgage Forbearance Levels Down Slightly in March

by Phil Hall | Apr 22, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The total number of mortgages now in forbearance dipped by 2 basis points from 0.38% of servicers’ portfolio volume in February to 0.36% by the end of March, according to data from the Mortgage Bankers Association (MBA), which estimated 180,000 homeowners are in...
New Home Purchase Mortgage Applications Surged in March

New Home Purchase Mortgage Applications Surged in March

by Phil Hall | Apr 18, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage applications for new home purchases during March was up 5.5% year-over-year and up 14% month-over-month, according to data from the Mortgage Bankers Association. MBA estimated new single-family home sales were running at a seasonally adjusted annual rate of...
Mortgage Application Volume Down 8.5%

Mortgage Application Volume Down 8.5%

by Phil Hall | Apr 16, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity slowed for the week ending April 11, according to data from the Mortgage Bankers Association. The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 8.5% on a seasonally adjusted basis from one week...
Mortgage Application Activity Surges by 20%

Mortgage Application Activity Surges by 20%

by Phil Hall | Apr 9, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage applications surged to its highest level since last September, according to data from the Mortgage Bankers Association (MBA) covering the week ending April 4. The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 20% on...
Sluggish Refinance Activity Drives Down Mortgage Application Levels

Sluggish Refinance Activity Drives Down Mortgage Application Levels

by Phil Hall | Mar 26, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A slowing in refinance activity drove down mortgage application activity for the week ending March 21, according to data from Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 2% on both a...
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