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Mortgage Application Activity Up Nearly 3%

Mortgage Application Activity Up Nearly 3%

by Phil Hall | Dec 4, 2024 | Market Snapshot, Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity recorded an uptick for the week ending Nov. 29, according to data from the Mortgage Bankers Association (MBA); the data included include an adjustment for the Thanksgiving holiday. The Market Composite Index, the MBA’s measure of mortgage...
Mortgage Application Activity Rises by 6.3%

Mortgage Application Activity Rises by 6.3%

by Phil Hall | Nov 27, 2024 | Market Snapshot, Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage applications were on the rise in new data from the Mortgage Bankers Association (MBA) covering the week ending Nov. 22. The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 6.3% on a seasonally adjusted basis from one...
Mortgage Application Activity and Forbearance Levels on the Rise

Mortgage Application Activity and Forbearance Levels on the Rise

by Phil Hall | Nov 20, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage applications were on the rise in the latest from the Mortgage Bankers Association (MBA) covering the week ending Nov. 15. However, another MBA report pointed to the fifth consecutive monthly uptick in forbearance levels. The Market Composite Index, the MBA’s...
Mortgage Application Activity in Mild Uptick

Mortgage Application Activity in Mild Uptick

by Phil Hall | Nov 13, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity inched up for the week ending Nov. 8, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 0.5% on a seasonally adjusted basis from one...
Chrissi Rhea, Co-Founder and Chief Executive of Mortgage Investors Group, Passes Away

Chrissi Rhea, Co-Founder and Chief Executive of Mortgage Investors Group, Passes Away

by Phil Hall | Nov 11, 2024 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

Chrissi Rhea, the former president and CEO of Knoxville, Tennessee-based Mortgage Investors Group, passed away on Nov. 8 following a bout with cancer. Rhea co-founded Mortgage Investors Group with Chuck Tonkin in 1989 with seven employees. Today, the company employs...
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