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...
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...
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 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...
Last year was problematic for independent mortgage banks and the mortgage subsidiaries of chartered banks – according to new data from the Mortgage Bankers Association (MBA), this sector lost an average of $1,056 on each loan they originated in 2023, down from an...
Hurricane Isaias Strikes Florida Panhandle as $71.8 Billion in Commercial P…
