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...
Mortgage application activity slowed again for the week ending May 29, according to data from the Mortgage Bankers Association (MBA). This week’s results include an adjustment for the Memorial Day holiday. The Market Composite Index, the MBA’s measure of mortgage loan...
A total of 1.57 million mortgages secured by residential property (one to four units) were originated in the first quarter, according to new data from ATTOM. This marked a 13% decline from the previous quarter, but it was also a 5% year-over-year increase. The total...
Mortgage application activity was lethargic during the week ending May 22, fueled primarily by a pullback in refinancing, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume,...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
