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Mortgage Application Activity Inches Up Slightly

Mortgage Application Activity Inches Up Slightly

by Phil Hall | May 15, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage applications activity recorded a very mild upswing last week, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s of mortgage loan application volume, increased by 0.5% on a seasonally adjusted basis for the...
Q1 Commercial and Multifamily Mortgage Originations Remain Muted

Q1 Commercial and Multifamily Mortgage Originations Remain Muted

by Phil Hall | May 9, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

First quarter commercial and multifamily mortgage loan originations were essentially unchanged from one year earlier but were down 23% from the previous quarter, according to new data from the Mortgage Bankers Association (MBA). During the first quarter, there was a...
Mortgage Application Activity Up 2.6%

Mortgage Application Activity Up 2.6%

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

More people were seeking mortgages last week, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 2.6% on a seasonally adjusted basis from one week earlier while...
Housing Economists Offer Mixed Views on Jobs Data

Housing Economists Offer Mixed Views on Jobs Data

by Phil Hall | May 3, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

This morning’s Labor Department data on the addition of 175,000 jobs in April and an uptick in the unemployment rate to 3.9% brought a mixed reaction from economists focused on the housing market. “An economy that is too hot is not good for interest rates,” said...
Mortgage Demand Slumps Again

Mortgage Demand Slumps Again

by Phil Hall | May 1, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage demand weakened last week, according to the latest data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 2.3% on a seasonally adjusted basis from one week earlier; the...
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