Mortgage application activity slowed during the week ending March 20, according to data from the Mortgage Bankers Association. The Market Composite Index, the MBA’s measure of mortgage loan application volume, dropped by 10.5% on a seasonally adjusted basis from one...
Mortgage applications for new home purchases increased 0.9% year-over-year in February, according to data from the Mortgage Bankers Association (MBA). Compared to January, applications decreased by 1%. The MBA estimated new single-family home sales were running at a...
Mortgage application activity was on the rise for the week ending March 6, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 3.2% on a seasonally adjusted basis...
Access to mortgage credit increased in February, according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA). The MCAI rose by 1.1% to 107.1 in February. A decline in the MCAI indicates that lending standards are...
Mortgage application activity enjoyed a vigorous upswing during the week ending Feb. 27, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 11% on a seasonally...