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Mortgage Delinquency Rate Up Slightly from Last Year

Mortgage Delinquency Rate Up Slightly from Last Year

by Phil Hall | Nov 8, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The delinquency rate for mortgage loans on one-to-four-unit residential properties totaled 3.92% of all loans outstanding by the end of the third quarter of 2024, according to data from the Mortgage Bankers Association (MBA). The delinquency rate was down 5 basis...
Mortgage Application Activity Down for Sixth Straight Week

Mortgage Application Activity Down for Sixth Straight Week

by Phil Hall | Nov 6, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity trended downward during the week ending Nov. 1, according to data from the Mortgage Bankers Association (MBA). This marked the sixth straight week of application activity decline. The Market Composite Index, the MBA’s measure of mortgage...
Mortgage Application Payments Down in September

Mortgage Application Payments Down in September

by Phil Hall | Oct 31, 2024 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

Homebuyer affordability improved last month as the national median payment applied for by purchase applicants dropped by 0.8% from $2,057 in August to $2,041 in September, according to the Mortgage Bankers Association’s (MBA) Purchase Applications Payment Index....
Mortgage Application Activity Flattens Out

Mortgage Application Activity Flattens Out

by Phil Hall | Oct 30, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity was flat in the latest data report from the Mortgage Bankers Association (MBA) covering the week ending Oct. 25. The Market Composite Index, the MBA’s measure of mortgage loan application volume, dipped by 0.1% on a seasonally adjusted...
Guest Opinion: MBA Chief Broeksmit on the Election and Housing Policy

Guest Opinion: MBA Chief Broeksmit on the Election and Housing Policy

by Bob Broeksmit | Oct 28, 2024 | Guest Opinion, Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Bob Broeksmit is president and CEO of the Mortgage Bankers Association (MBA). This column is edited and adapted from prepared remarks delivered today at the MBA’s 2024 Annual Convention and Expo in Denver. While the rest of the country is anxious about the...
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