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Mortgage Application Activity Catches an Upswing

Mortgage Application Activity Catches an Upswing

by Phil Hall | Jun 12, 2024 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage applications activity recorded a significant upswing for the week ending June 7, according to the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, shot up by 15.6% on a seasonally adjusted...
Housing Economists Offer Mixed Views of Latest Jobs Report

Housing Economists Offer Mixed Views of Latest Jobs Report

by Phil Hall | Jun 7, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

Housing industry economists had mixed views of today’s data report from the U.S. Department of Labor that found the economy added more jobs than anticipated. During May, nonfarm payrolls expanded by 272,000, up from 165,000 in April and higher than a Dow Jones...
Mortgage Application Activity Continues to Drag

Mortgage Application Activity Continues to Drag

by Phil Hall | Jun 5, 2024 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity slowed again for the week ending May 31, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, was down by 5.2% on a seasonally adjusted basis...
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