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Mortgage Application Activity and Forbearance Levels on the Rise

Mortgage Application Activity and Forbearance Levels on the Rise

by Phil Hall | Nov 20, 2024 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage applications were on the rise in the latest from the Mortgage Bankers Association (MBA) covering the week ending Nov. 15. However, another MBA report pointed to the fifth consecutive monthly uptick in forbearance levels. The Market Composite Index, the MBA’s...
Mortgage Application Activity in Mild Uptick

Mortgage Application Activity in Mild Uptick

by Phil Hall | Nov 13, 2024 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity inched up for the week ending Nov. 8, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 0.5% on a seasonally adjusted basis from one...
Mortgage Application Activity Flattens Out

Mortgage Application Activity Flattens Out

by Phil Hall | Oct 30, 2024 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity was flat in the latest data report from the Mortgage Bankers Association (MBA) covering the week ending Oct. 25. The Market Composite Index, the MBA’s measure of mortgage loan application volume, dipped by 0.1% on a seasonally adjusted...
Guest Opinion: MBA Chief Broeksmit on the Election and Housing Policy

Guest Opinion: MBA Chief Broeksmit on the Election and Housing Policy

by Bob Broeksmit | Oct 28, 2024 | Current News & Events, Guest Opinion, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Bob Broeksmit is president and CEO of the Mortgage Bankers Association (MBA). This column is edited and adapted from prepared remarks delivered today at the MBA’s 2024 Annual Convention and Expo in Denver. While the rest of the country is anxious about the...
Forecast: Mortgage Origination to Reach $2.3 Trillion in 2025

Forecast: Mortgage Origination to Reach $2.3 Trillion in 2025

by Phil Hall | Oct 28, 2024 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Total mortgage origination volume is expected to increase to $2.3 trillion in 2025 from the $1.79 trillion expected in 2024, according to a forecast from the Mortgage Bankers Association (MBA). In the new forecast, purchase originations will increase 13% to $1.46...
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