Mortgage applications for new home purchases in May were down by 3% from the prior month, but they were also up by 3.8% from one year earlier. According to the Mortgage Bankers Association, new single-family home sales were at a seasonally adjusted annual rate of...
Mortgage application activity slowed during the week ending June 12, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 3.8% on a seasonally adjusted basis from...
The Mortgage Bankers Association (MBA) announced that Jeffrey Weidell, CEO of Northmarq, has been nominated to serve as vice chairman for the 2027 membership year. Weidell will be installed at MBA’s 113th Annual Convention and Expo in Chicago this October. Per MBA’s...
Mortgage application activity took a robust upswing for the week ending June 5, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 10.8% on a seasonally adjusted...
Mortgage credit availability increased slightly in May according to new data from the Mortgage Bankers Association (MBA). The trade group’s Mortgage Credit Availability Index (MCAI) inched up by a scant 0.1% to 108.0 in May; the index was benchmarked to 100 in March...
Small Mortgages Fall Below 3% of Originations, Exposing Rural Lending Gap
