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Single-Family Housing Starts Down 2.1%

Single-Family Housing Starts Down 2.1%

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

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...
Mortgage Application Activity and Delinquencies Are Rising

Mortgage Application Activity and Delinquencies Are Rising

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

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 Holds Steady

Mortgage Credit Availability Holds Steady

by Phil Hall | May 9, 2025 | Current News & Events, Mortgage Information, Real Estate News, WRE News Exclusive

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 Rebounds with 11% Upswing

Mortgage Application Activity Rebounds with 11% Upswing

by Phil Hall | May 7, 2025 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

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...
Mortgage Application Activity Remains Weak

Mortgage Application Activity Remains Weak

by Phil Hall | Apr 30, 2025 | Current News & Events, Mortgage Information, 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...
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