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Median Mortgage Payments Down Slightly in July

Median Mortgage Payments Down Slightly in July

by Phil Hall | Aug 28, 2025 | Current News & Events, Mortgage Information, Real Estate News

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...
Purchase Loans Up, Refinancing Down in Latest Mortgage Application Activity

Purchase Loans Up, Refinancing Down in Latest Mortgage Application Activity

by Phil Hall | Aug 27, 2025 | Current News & Events, Mortgage Information, Real Estate News, WRE News Exclusive

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 Down Slightly

Mortgage Application Activity Down Slightly

by Phil Hall | Aug 20, 2025 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

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...
Q2 Mortgage Delinquency Rate Down Slightly

Q2 Mortgage Delinquency Rate Down Slightly

by Phil Hall | Aug 14, 2025 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

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...
Refinancing Surge Fuels Rise in Mortgage Application Activity

Refinancing Surge Fuels Rise in Mortgage Application Activity

by Phil Hall | Aug 13, 2025 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity took a substantial increase for the week ending Aug. 8 thanks to an uptick in refinance inquiries, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application...
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