The national median mortgage payment applied for by loan applicants decreased to $2,100 from $2,127 in August, according to data from the Mortgage Bankers Association (MBA). However, it was also up by $43 from one year ago, equal to a 2.1% increase. The national...
Mortgage applications inched up at a mild pace during the week ending Sept. 19, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, recorded a 0.6% uptick on a seasonally...
The level of commercial/multifamily mortgage debt outstanding reached $4.88 trillion by the end of the second quarter, an increase of $47.1 billion (1%) from the first quarter, according to data from the Mortgage Bankers Association (MBA). Multifamily mortgage debt...
Mortgage application activity surged during the week ending Sept. 12 thanks to an upswing in refinancing, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, spiked by 29.7%...
Mortgage applications for new home purchases in August were down 6% from July but were also 1% higher from one year ago, according to new data from the Mortgage Bankers Association (MBA). The MBA estimated new single-family home sales were running at a seasonally...