Mortgage application activity declined for the week ending May 16, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 5.1% on a seasonally adjusted basis from one...
Single-family housing starts in April were at a rate of 927,000, according to new data from the US Census Bureau and the Department of Housing and Urban Development. This is 2.1% below the revised March figure of 947,000. Privately-owned housing starts in April were...
An increasing number of people are taking out mortgages while a rising level of homeowners aren’t paying their mortgages. The Market Composite Index, the Mortgage Bankers Association’s (MBA) measure of mortgage loan application volume, increased 1.1% on a seasonally...
Mortgage credit availability remained unchanged from March to April, according to the Mortgage Credit Availability Index (MCAI) data from the Mortgage Bankers Association (MBA). The MCAI remained unchanged at 102.9 in April; the index was benchmarked to 100 in March...
Mortgage application activity picked up with new gusto for the week ending May 2, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 11% on a seasonally adjusted...
FBI Investigating Lurin Capital Amid Multifamily Collapse
