Mortgage application activity slowed for the week ending Feb. 6, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, dipped by 0.3% on a seasonally adjusted basis from one...
The Mortgage Bankers Association (MBA) is forecasting that total commercial mortgage origination volume will increase to $805.5 billion in 2026 from the $633.7 billion expected in 2025 while multifamily origination volume will rise to $399.2 billion in 2026 from the...
The recent snowstorms that disrupted the nation are being blamed for hampering mortgage application activity during the week ending Jan. 30. “Winter Storm Fern likely had an impact as much of the country was snowed in, hampering homebuying activity,” said Joel Kan,...
A trio of financial services industry trade groups – the Mortgage Bankers Association, America’s Credit Unions and the Independent Community Bankers of America – are lobbying the Trump administration to consider three actions that they claim could lower borrowing...
Mortgage application activity took a downturn for the week ending Jan. 23, according to data from the Mortgage Bankers Association (MBA). This week’s results include an adjustment for the Martin Luther King Jr. Day federal holiday. The Market Composite Index, the...