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Mortgage Application Activity Down By 5.6%

Mortgage Application Activity Down By 5.6%

by Phil Hall | Feb 28, 2024 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Fewer people were seeking out mortgage applications, according to data from the Mortgage Bankers Association (MBA) for the week ending Feb. 23. The Market Composite Index, the MBA’s measure of mortgage loan application volume, dropped by 5.6% on a seasonally adjusted...
Mortgage Application Activity Goes Kerplop

Mortgage Application Activity Goes Kerplop

by Phil Hall | Feb 21, 2024 | Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

The level of mortgage application activity plummeted in the latest data report from the Mortgage Bankers Association (MBA). For the week ending Feb. 16, the MBA’s Market Composite Index dropped by 10.6% on a seasonally adjusted basis from one week earlier; the...
Mortgage Application Activity Down 2.3%

Mortgage Application Activity Down 2.3%

by Phil Hall | Feb 14, 2024 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Fewer people were filling out mortgage applications last week, according to new data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, dropped by 2.3% week-over-week on a seasonally adjusted...
Mortgage Credit Availability Inched Up in January

Mortgage Credit Availability Inched Up in January

by Phil Hall | Feb 9, 2024 | Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage credit availability recorded a mild uptick during January, according to new data from the Mortgage Bankers Association (MBA). The MBA’s Mortgage Credit Availability Index (MCAI) recorded a 0.7% uptick last month to a 92.7 reading; the index was benchmarked to...
MBA: Mortgage Delinquency Rate Inched Up in Q4 2023

MBA: Mortgage Delinquency Rate Inched Up in Q4 2023

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

The delinquency rate for mortgage loans on one-to-four-unit residential properties increased to a seasonally adjusted rate of 3.88% of all loans outstanding during the fourth quarter of 2023, according to new data from the Mortgage Bankers Association (MBA). The...
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