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Mortgage Applications Plunge to 27-Year Low

Mortgage Applications Plunge to 27-Year Low

by Phil Hall | Oct 4, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage applications activity continued to evaporate, according to data from the Mortgage Bankers Association (MBA) for the week ending Sept. 29. The Market Composite Index, the trade group’s measure of mortgage loan application volume, dropped by 6% on both a...
Mortgage Application Activity Declines Again

Mortgage Application Activity Declines Again

by Phil Hall | Sep 27, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The level of mortgage application activity declined last week, according to new data the Mortgage Bankers Association (MBA). The Market Composite Index, the trade group’s measure of mortgage loan application volume, was down by 1.3% on a seasonally adjusted basis from...
Mortgage Applications Up 5.4%

Mortgage Applications Up 5.4%

by Phil Hall | Sep 20, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

There was good news on the application front last week, according to the latest data from the Mortgage Bankers Association. The Market Composite Index, the trade group’s measure of mortgage loan application volume, was up by 5.4% on a seasonally adjusted basis from...
Forbearance Levels Continue to Decline

Forbearance Levels Continue to Decline

by Phil Hall | Sep 19, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The total number of mortgage loans now in forbearance fell by 6 basis points month-over-month to 0.33% as of Aug. 31, according to data from the Mortgage Bankers Association (MBA). Roughly 165,000 homeowners are currently in forbearance plans. During August, the share...
Mortgage Application Activity Down Again

Mortgage Application Activity Down Again

by Phil Hall | Sep 13, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity went into decline again last week, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the trade group’s measure of mortgage loan application volume, was down by 0.8% on a seasonally adjusted basis...
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