Mortgage applications for new home purchases during February were down by 6.9% year-over-year, although they were also up by 0.3% from January, according to data from the Mortgage Bankers Association (MBA). By product type, conventional loans composed 56.7% of loan...
Mortgage applications were on the rise again, according to data from the Mortgage Bankers Association (MBA) for the week ending March 7. The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 11.2% on a seasonally adjusted basis...
Mortgage credit availability increased in February, according to data from the Mortgage Bankers Association (MBA). The MBA’s Mortgage Credit Availability Index (MCAI) inched up by 1.4% last month to 100.4; the index was benchmarked to 100 in March 2012. The...
Mortgage application activity soared for the week ending Feb. 28 thanks largely to corybantic refinance activity, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume,...
Mortgage application activity slipped during the week ending Feb. 21, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 1.2% on a seasonally adjusted basis from...