Mortgage credit became more accessible in July, according to the Mortgage Credit Availability Index (MCAI) report from the Mortgage Bankers Association (MBA). The MCAI rose by 2.5% to 108.4 last month; the index was benchmarked to 100 in March 2012. The Conventional...
Commercial and multifamily mortgage loan originations during the second quarter were up by 12% from the prior quarter and up 16% from one year earlier, according to data from the Mortgage Bankers Association (MBA). The lending volumes were fueled by a rise in...
Fewer people were taking out mortgage applications for the week ending July 31, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 2.9% on a seasonally adjusted...
Homebuyer affordability showed a very mild improvement in June, with the national median payment applied for by purchase applicants decreasing to $2,191 from $2,198 in May. However, according to the Mortgage Bankers Association (MBA), the national median payment was...
Mortgage application activity slowed down during the week ending July 24, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, dropped by 6.4% on a seasonally adjusted basis...
Inflation Expectations Hit Three-Year High as Rent Outlook Climbs to 6.8%
