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Mortgage Application Activity Remains Weak

Mortgage Application Activity Remains Weak

by Phil Hall | Apr 30, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity weakened during the week ending April 25, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 4.2% on a seasonally adjusted basis from...
Commercial Real Estate Mortgage Borrowing and Lending Up 16% in 2024

Commercial Real Estate Mortgage Borrowing and Lending Up 16% in 2024

by Phil Hall | Apr 25, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

New data from the Mortgage Bankers Association (MBA) is estimating commercial real estate mortgage borrowing and lending in 2024 totaled $498 billion, up by 16% from the $429 billion in 2023 but down by 39% from the $816 billion recorded in 2022. MBA tracked $411...
Mortgage Application Activity Stumbles by 12.7%

Mortgage Application Activity Stumbles by 12.7%

by Phil Hall | Apr 23, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity dropped during the week ending April 18, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 12.7% on a seasonally adjusted basis from...
Mortgage Forbearance Levels Down Slightly in March

Mortgage Forbearance Levels Down Slightly in March

by Phil Hall | Apr 22, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The total number of mortgages now in forbearance dipped by 2 basis points from 0.38% of servicers’ portfolio volume in February to 0.36% by the end of March, according to data from the Mortgage Bankers Association (MBA), which estimated 180,000 homeowners are in...
New Home Purchase Mortgage Applications Surged in March

New Home Purchase Mortgage Applications Surged in March

by Phil Hall | Apr 18, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage applications for new home purchases during March was up 5.5% year-over-year and up 14% month-over-month, according to data from the Mortgage Bankers Association. MBA estimated new single-family home sales were running at a seasonally adjusted annual rate of...
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