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Mortgage Application Activity Slumps Again

Mortgage Application Activity Slumps Again

by Phil Hall | Jul 3, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity concluded last month in decline, according to the Mortgage Bankers Association (MBA) data for the week ending June 28. The Market Composite Index, the MBA’s measure of mortgage loan application volume, was down by 2.6% on a seasonally...
Mortgage Application Activity Inches Up

Mortgage Application Activity Inches Up

by Phil Hall | Jun 26, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity enjoyed a slight uptick for the week ending June 21, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, inched up by 0.8% on a seasonally...

FHFA Gives Conditional Approval of Freddie Mac’s Second Mortgage Purchase Pilot

by Phil Hall | Jun 24, 2024 | Uncategorized

The Federal Housing Finance Agency (FHFA) announced its conditional approval for Freddie Mac (OTCQB: FMCC) to engage in a limited pilot to purchase certain single-family closed-end second mortgages. The conditional approval follows FHFA’s first publication of a...
Mortgage Application Activity on the Rise

Mortgage Application Activity on the Rise

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

Mortgage application activity inched up last week, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, was up by 0.9% on a seasonally adjusted basis week-over-week, while the...
Commercial/Multifamily Mortgage Debt Outstanding Up in Q1

Commercial/Multifamily Mortgage Debt Outstanding Up in Q1

by Phil Hall | Jun 18, 2024 | Commercial Real Estate News, Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

Total commercial/multifamily mortgage debt outstanding rose to $4.70 trillion at the end of the first quarter, according to new data from the Mortgage Bankers Association (MBA), a $40.1 billion or 0.9% upswing from the previous quarter. Multifamily mortgage debt alone...
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