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July New Home Purchase Mortgage Applications Up 35.5%

July New Home Purchase Mortgage Applications Up 35.5%

by Phil Hall | Aug 15, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage applications for new home purchases in July increased by 35.5% year-over-year, according to new data from the Mortgage Bankers Association (MBA). Compared to June, applications inched up by 0.2%. MBA estimated new single-family home sales were running at a...
MBA: Mortgage Application Volume Down 3.1%

MBA: Mortgage Application Volume Down 3.1%

by Phil Hall | Aug 9, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity continued to slow last week, according to new data from the Mortgage Bankers Association (MBA). The trade group’s Market Composite Index, a measure of mortgage loan application volume, decreased 3.1% on a seasonally adjusted basis and 4%...
Mortgage Application Activity Slows Again

Mortgage Application Activity Slows Again

by Phil Hall | Aug 2, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity slowed during the past week, according to new data from the Mortgage Bankers Association (MBA). The Market Composite Index, the trade group’s measurement for mortgage loan application volume, dropped by 3% on both a seasonally adjusted...
Declines Reported in New Home Sales, Mortgage Application Activity

Declines Reported in New Home Sales, Mortgage Application Activity

by Phil Hall | Jul 26, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The latest housing market statistics showed a drop in home sales last month and a lower level of mortgage application activity last week. Sales of new single‐family houses in June were at a seasonally adjusted annual rate of 697,000, according to estimates published...
Refinancing Fuels Uptick in Mortgage Application Activity

Refinancing Fuels Uptick in Mortgage Application Activity

by Phil Hall | Jul 19, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity recorded a slight increase thanks primarily to an increase in refinancing requests, according to new data from the Mortgage Bankers Association for the week ending July 14. The Market Composite Index, a measure of mortgage loan...
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