Mortgage application activity decelerated for the week ending Aug. 29, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 1.2% on a seasonally adjusted basis from...
The national median mortgage payment in July was $2,127, down from $2,172 in June, according to data from the Mortgage Bankers Association (MBA). On a year-over-year basis, the sum was down $13, equal to a 0.6% decrease. The national median mortgage payment for...
Mortgage application activity was a mixed bag for the week ending Aug. 22, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, dipped by 0.5% percent on a seasonally adjusted...
Mortgage application activity declined in the week ending Aug. 15, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 1.4% on a seasonally adjusted basis from one...
The second quarter delinquency rate for mortgage loans on one-to-four-unit residential properties declined to a seasonally adjusted rate of 3.93% of all loans outstanding, according to data from the Mortgage Bankers Association (MBA). The delinquency rate was down 11...