The new year began on a positive note for the mortgage space, according to data from the Mortgage Bankers Association (MBA) for the week ending Jan. 5. The Market Composite Index, the MBA’s measure of mortgage loan application volume, jumped by 9.9% on a seasonally...
Mortgage credit availability decreased in December, according to new data from the Mortgage Bankers Association (MBA). The trade organization’s Mortgage Credit Availability Index (MCAI) dropped by 4.6% last month to 92.1 – the index was benchmarked at 100 in March...
Mortgage application activity for the last two weeks of 2023 was down, according to new data from the Mortgage Bankers Association (MBA) for the week ending Dec. 29. The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 9.4% on a...
The national median mortgage payment was $2,137 in November, down from $62 in October, according to data from the Mortgage Bankers Association (MBA). However, November’s sum is up by $160 from one year ago, equal to an 8.1% increase. The national median mortgage...
Mortgage applications for new home purchases during November recorded a 21.8% year-over-year increase, according to new data from the Mortgage Bankers Association (MBA). Compared to October 2023, applications were down by 12%. MBA estimated new single-family home...
Zillow Cuts Its Late-2026 Home Sales Outlook as Rents Accelerate
