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Mortgage Applications on New Home Purchases Up 8.5% from Last Year

Mortgage Applications on New Home Purchases Up 8.5% from Last Year

by Phil Hall | Jul 17, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage applications for new home purchases increased 8.5% year-over-year in June, although applications were also down 4% from May. According to new data from the Mortgage Bankers Association, new single-family home sales were running at a seasonally adjusted annual...
Mortgage Application Activity and Credit Availability in Decline

Mortgage Application Activity and Credit Availability in Decline

by Phil Hall | Jul 16, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity and credit availability declined in the latest data reports from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 10% on a seasonally adjusted basis for...
Mortgage Application Activity Up 9.4%

Mortgage Application Activity Up 9.4%

by Phil Hall | Jul 9, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity shot up like a firework during the week ending July 4, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 9.4% on a seasonally...
Refinancing Fuels Upswing in Mortgage Application Activity

Refinancing Fuels Upswing in Mortgage Application Activity

by Phil Hall | Jul 2, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity revved up for the week ending June 27 thanks to an increased level of refinancing, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased...
NAR, MBA Praise Senate-Amended Passage of One Big Beautiful Bill

NAR, MBA Praise Senate-Amended Passage of One Big Beautiful Bill

by Phil Hall | Jul 2, 2025 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The National Association of Realtors (NAR) and the Mortgage Bankers Association (MBA) respectively cheered the US Senate-amended passage of the One Big Beautiful Bill Act, declaring the legislation would positively impact the US housing market. “We’ve worked for...
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