Mortgage applications for new home purchases in March were 6.2% higher than one year earlier, according to data from the Mortgage Bankers Association (MBA). On a monthly measurement, applications increased by 1% from February. MBA estimated new single-family home...
Refinance activity outpaced purchase loans in the latest data from the Mortgage Bankers Association (MBA) covering the week ending April 5. The Market Composite Index, the MBA’s measure of mortgage loan application volume, inched up by a scant 0.1% on a seasonally...
Mortgage credit availability increased last month, according to new data from the Mortgage Bankers Association (MBA). The trade group’s Mortgage Credit Availability Index (MCAI) was up by 1.1% in March to 93.9; the index was benchmarked to 100 in March 2012. The...
Mortgage applications were down slightly in the latest data from the Mortgage Bankers Association (MBA) covering the week ending March 29. The Market Composite Index, the MBA’s measure of mortgage loan application volume, was down by 0.6% on a seasonally adjusted...
The Mortgage Bankers Association (MBA) has announced its opposition to a Biden administration plan to impose a 10% cap on annual rent hikes on properties that rely on the Low-Income Housing Tax Credit (LIHTC). In a press statement, MBA President and CEO Bob Broeksmit...