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Mortgage Application Activity Drops While Forbearance Levels Inch Up

Mortgage Application Activity Drops While Forbearance Levels Inch Up

by Phil Hall | Jul 24, 2024 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity slowed while the number of mortgages in forbearance started to rise, according to new data from the Mortgage Bankers Association (MBA). In tracking the week ending July 19, the MBA’s Market Composite Index dropped by 2.2% on a seasonally...
Mortgage Application Activity in 4% Upswing

Mortgage Application Activity in 4% Upswing

by Phil Hall | Jul 17, 2024 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage applications were on the rise again, according to data from Mortgage Bankers Association (MBA) covering the week ending July 12. The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 3.9% on a seasonally adjusted basis...
Mortgage Application Activity Slumps Again

Mortgage Application Activity Slumps Again

by Phil Hall | Jul 3, 2024 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity concluded last month in decline, according to the Mortgage Bankers Association (MBA) data for the week ending June 28. The Market Composite Index, the MBA’s measure of mortgage loan application volume, was down by 2.6% on a seasonally...
MBA: Mortgage Applications for New Home Purchases Up 13.8% in May

MBA: Mortgage Applications for New Home Purchases Up 13.8% in May

by Phil Hall | Jun 14, 2024 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage applications for new home purchases recorded a 13.8% year-over-year upswing in May, according to data from the Mortgage Bankers Association (MBA). Compared to April, application activity was up by 1%. The MBA estimated new single-family home sales were...
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...
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