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New Reports Find Mortgage Applications in Decline as Mortgage Affordability Frays

New Reports Find Mortgage Applications in Decline as Mortgage Affordability Frays

by Phil Hall | Feb 24, 2025 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Two new data reports are showing a decline in mortgage applications for new home purchases and the increased challenges in being able to afford a mortgage. The Mortgage Bankers Association (MBA) reported mortgage applications for new home purchases decreased 6%...
Mortgage Application Activity and Forbearance Levels Go in Decline

Mortgage Application Activity and Forbearance Levels Go in Decline

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

Mortgage application activity and mortgage forbearance levels are falling, according to new data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 6.6% on a seasonally adjusted...
Mortgage Application Activity, Credit Availability on the Rise

Mortgage Application Activity, Credit Availability on the Rise

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

More people were filling out mortgage applications during the week ending Feb. 7, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 2.3% on a seasonally adjusted...
Forecast: Commercial/Multifamily Mortgage Borrowing and Lending to Rise 16% This Year

Forecast: Commercial/Multifamily Mortgage Borrowing and Lending to Rise 16% This Year

by Phil Hall | Feb 12, 2025 | Commercial Real Estate News, Current News & Events, Mortgage Information, Real Estate News, WRE News Exclusive

Commercial and multifamily mortgage borrowing and lending is expected to rise to $583 billion this year, according to an updated forecast from the Mortgage Bankers Association (MBA). This represents a 16% increase from 2024’s estimated total of $503 billion....
New Initiative to Raise College Student Awareness of Commercial Real Estate Careers

New Initiative to Raise College Student Awareness of Commercial Real Estate Careers

by Phil Hall | Feb 10, 2025 | Commercial Real Estate News, Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

The Mortgage Bankers Association (MBA) is partnering with the Pension Real Estate Association (PREA) Foundation in an endeavor to encourage college students to consider careers in the commercial real estate finance industry. The partnership will highlight MBA’s and...
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