Single-family home sales likely bottomed out during the fourth quarter this year and are expected to begin a slow but meaningful recovery in 2024, according to the latest commentary from the Fannie Mae (OTCQB: FNMA) Economic and Strategic Research (ESR) Group. The ESR...
Mortgage applications for new home purchases during November recorded a 21.8% year-over-year increase, according to new data from the Mortgage Bankers Association (MBA). Compared to October 2023, applications were down by 12%. MBA estimated new single-family home...
The mortgage market is heading into the Thanksgiving holiday weekend on the upswing, according to new data from the Mortgage Bankers Association (MBA) tracking the week ending Nov. 17. The Market Composite Index, the trade group’s measure of mortgage loan application...
Year-over-year rejection rates declined for new mortgage applications last month, according to new data from the Federal Reserve Bank of New York’s Survey of Consumer Expectations Credit Access Survey, which attributed the downturn as a likely reflection on the...
Mortgage applications activity continued to evaporate, according to data from the Mortgage Bankers Association (MBA) for the week ending Sept. 29. The Market Composite Index, the trade group’s measure of mortgage loan application volume, dropped by 6% on both a...
UWM Says VantageScore 4.0 Improves Results for 1 in 4 Borrowers
