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Mortgage Applications Down, Homeowner Equity Up

Mortgage Applications Down, Homeowner Equity Up

by Phil Hall | Mar 19, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity took a tumble while homeowner equity was on the rise in a pair of newly published data reports. Mortgage applications decreased 6.2% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage...
Mortgage Applications for New Home Purchases Down in February

Mortgage Applications for New Home Purchases Down in February

by Phil Hall | Mar 13, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage applications for new home purchases during February were down by 6.9% year-over-year, although they were also up by 0.3% from January, according to data from the Mortgage Bankers Association (MBA). By product type, conventional loans composed 56.7% of loan...
Mortgage Application Activity Up 11.2%

Mortgage Application Activity Up 11.2%

by Phil Hall | Mar 12, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage applications were on the rise again, according to data from the Mortgage Bankers Association (MBA) for the week ending March 7. The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 11.2% on a seasonally adjusted basis...
Mortgage Credit Availability at Highest Level in a Year

Mortgage Credit Availability at Highest Level in a Year

by Phil Hall | Mar 11, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage credit availability increased in February, according to data from the Mortgage Bankers Association (MBA). The MBA’s Mortgage Credit Availability Index (MCAI) inched up by 1.4% last month to 100.4; the index was benchmarked to 100 in March 2012. The...
Refinancing Fuels 20.4% Upswing in Mortgage Application Activity

Refinancing Fuels 20.4% Upswing in Mortgage Application Activity

by Phil Hall | Mar 5, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity soared for the week ending Feb. 28 thanks largely to corybantic refinance activity, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume,...
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