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Mortgage Application Activity Surges by 20%

Mortgage Application Activity Surges by 20%

by Phil Hall | Apr 9, 2025 | Current News & Events, Mortgage Information, 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...
Slowing in Refinance Drives Down Mortgage Application Activity

Slowing in Refinance Drives Down Mortgage Application Activity

by Phil Hall | Apr 2, 2025 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

A slowing of refinance activity drove down the level of mortgage applications for the week ending March 28, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 1.6%...
Bank of America Reports 80% Surge in Q1 Mortgage Applications

Bank of America Reports 80% Surge in Q1 Mortgage Applications

by Phil Hall | Mar 31, 2025 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Bank of America (NYSE: BAC) is closing the first quarter of this year with an 80% spike in mortgage applications. According to a Reuters report, the Charlotte, North Carolina-headquartered financial institution – the nation’s second largest bank – is experiencing more...
Slowing in Refinance Drives Down Mortgage Application Activity

Sluggish Refinance Activity Drives Down Mortgage Application Levels

by Phil Hall | Mar 26, 2025 | Current News & Events, Mortgage Information, 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...
Mortgage Applications Down, Homeowner Equity Up

Mortgage Applications Down, Homeowner Equity Up

by Phil Hall | Mar 19, 2025 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity took a tumble while homeowner equity was on the rise in a pair of newly published data reports. Mortgage applications decreased 6.2% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage...
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