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 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...
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...
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...
The national median payment carried by purchase loan applicants increased in May to $2,211 from $2,186 in April, according to new data from the Mortgage Bankers Association’s (MBA) Purchase Applications Payment Index report. For borrowers applying for...