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Refinancing Drives Up Mortgage Application Activity

Refinancing Drives Up Mortgage Application Activity

by Phil Hall | Sep 25, 2024 | Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Homeowners seeking refinancing drove the increased volume of mortgage applications for the week ending Sept. 20, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased...
Mortgage Application Activity and Credit Availability Record Upticks

Mortgage Application Activity and Credit Availability Record Upticks

by Phil Hall | Sep 11, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Two new data reports from the Mortgage Bankers Association (MBA) pointed to positive developments in the home loan market. The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 1.4% on a seasonally adjusted basis in the week...
MBA Taps David Menke as Director of Member Relations

MBA Taps David Menke as Director of Member Relations

by Phil Hall | Sep 4, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Mortgage Bankers Association (MBA) announced the appointment of David Menke as director of member relations. In his new role, Menke will manage MBA’s portfolio of residential member companies, overseeing and strengthening member engagement with key leaders and...
Mortgage Application Activity Up 1.6%

Mortgage Application Activity Up 1.6%

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

Mortgage application activity ended August on the rise, according to data from the Mortgage Bankers Association (MBA) covering the week ending Aug. 30. The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 1.6% on a seasonally...
MBA: Housing Affordability Improved in July

MBA: Housing Affordability Improved in July

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

The national median payment applied for by purchase applicants during July was $2,140, down from $2,167 in June, according to new data from the Mortgage Bankers Association (MBA). Year-over-year, the payment level is down by $22. The national median mortgage payment...
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