The 30-year fixed-rate mortgage averaged 5.98% in today’s Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). This is down from last week when it averaged 6.01%. A year ago at this time, it averaged 6.76%. “For the first time in three and a half...
Mortgage application activity was mostly flat for the week ending Feb. 20, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, inched up by only 0.4% on a seasonally adjusted...
Mortgage applications for new home purchases during January were up by 19% from the prior month and up by 2% from one year earlier, according to data from the Mortgage Bankers Association (MBA). MBA estimated new single-family home sales were running at a seasonally...
Mortgage applications took an upswing for the week ending Feb. 13, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 2.8% on a seasonally adjusted basis from one...
The seasonally adjusted delinquency rate for mortgage loans on one-to-four-unit residential properties during the fourth quarter of 2025 was 4.26% of all loans outstanding, according to the Mortgage Bankers Association. This marked a 27 basis points increase from the...