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Mortgage Application Activity Up 2.6%

Mortgage Application Activity Up 2.6%

by Phil Hall | May 8, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

More people were seeking mortgages last week, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 2.6% on a seasonally adjusted basis from one week earlier while...
Mortgage Credit Availability Up in March

Mortgage Credit Availability Up in March

by Phil Hall | Apr 9, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage credit availability increased last month, according to new data from the Mortgage Bankers Association (MBA). The trade group’s Mortgage Credit Availability Index (MCAI) was up by 1.1% in March to 93.9; the index was benchmarked to 100 in March 2012. The...
Mortgage Credit Availability Inched Up in January

Mortgage Credit Availability Inched Up in January

by Phil Hall | Feb 9, 2024 | Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage credit availability recorded a mild uptick during January, according to new data from the Mortgage Bankers Association (MBA). The MBA’s Mortgage Credit Availability Index (MCAI) recorded a 0.7% uptick last month to a 92.7 reading; the index was benchmarked to...
Mortgage Application Activity Up 2.6%

Mortgage Credit Availability Down in December to 11-Year Low

by Phil Hall | Jan 9, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

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 Credit Availability Down in November

Mortgage Credit Availability Down in November

by Phil Hall | Dec 12, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage credit availability declined in November, according to data from the Mortgage Bankers Association (MBA). The trade organization’s Mortgage Credit Availability Index (MCAI) dropped by 1.7% to 96.5 last month; the index was benchmarked to 100 in March 2012. The...
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