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Mortgage Application Activity Continues to Rise

by Phil Hall | Jun 28, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Despite still-high rates and a still-low housing inventory, mortgage application activity was on the rise last week, according to new data from the Mortgage Bankers Association (MBA). The Market Composite Index, a measure of mortgage loan application volume, increased...
Mortgage Application Activity Records Scant Uptick

Mortgage Application Activity Records Scant Uptick

by Phil Hall | Jun 21, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage applications recorded a scant uptick in the latest data report from the Mortgage Bankers Association (MBA) that covers the week ending June 16. The Market Composite Index, a measure of mortgage loan application volume, saw a 0.5% rise on a seasonally adjusted...
Mortgage Application Activity Records an Uptick

Mortgage Application Activity Records an Uptick

by Phil Hall | Jun 14, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

There was an increase of activity in the mortgage application space, according to new data from the Mortgage Bankers Association (MBA) covering the week ending June 9. The Market Composite Index, a measure of mortgage loan application volume, was up by 7.2% on a...
Mortgage Credit Availability Tightens Again

Mortgage Credit Availability Tightens Again

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

Mortgage credit availability was something of an elusive commodity last month, according to the Mortgage Credit Availability Index (MCAI) data from the Mortgage Bankers Association (MBA). The MCAI dropped by 3.1% to 96.5 in May – the index was benchmarked at 100 in...
Mortgage Application Activity Down for Fourth Consecutive Week

Mortgage Application Activity Down for Fourth Consecutive Week

by Phil Hall | Jun 7, 2023 | Industry Updates, Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity declined for the fourth consecutive week, according to data from the Mortgage Bankers Association (MBA). At the end of last week, the trade group’s Market Composite Index was down by 1.4% on a seasonally adjusted basis from one week...
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