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Refinances Fuel Uptick in Mortgage Application Activity

Refinances Fuel Uptick in Mortgage Application Activity

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

Mortgage application activity was on the rise again, according to data from the Mortgage Bankers Association (MBA) for the week ending Dec. 8. The MBA’s Market Composite Index was up by 7.4% on a seasonally adjusted basis from one week earlier while the unadjusted...
MBA Predicts Increased Mortgage Origination, Mild Recession in 2024

MBA Predicts Increased Mortgage Origination, Mild Recession in 2024

by Phil Hall | Oct 16, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Mortgage Bankers Association is forecasting an increase in total mortgage origination to $1.95 trillion in 2024 from the $1.64 trillion expected in 2023, along with a mild recession during the first part of next year. The trade group also predicted purchase...
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