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 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 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, 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...
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...
Redfin’s Housing Affordability Scenarios Stretch From 2029 to Beyond 2036
