Mortgage applications for new home purchases during February were down by 6.9% year-over-year, although they were also up by 0.3% from January, according to data from the Mortgage Bankers Association (MBA). By product type, conventional loans composed 56.7% of loan...
A total of 1.64 million mortgages for residential properties were issued during the fourth quarter of 2024, according to new data from ATTOM. This represents a 3% drop from the third quarter, but it was also a 14% spike from the fourth quarter of 2023. ATTOM noted...
Two new data reports are showing a decline in mortgage applications for new home purchases and the increased challenges in being able to afford a mortgage. The Mortgage Bankers Association (MBA) reported mortgage applications for new home purchases decreased 6%...
Detroit-headquartered Rocket Mortgage, a part of Rocket Companies (NYSE: RKT), has unveiled RocketRentRewards, a new program designed to provide closing cost credits for renters. According to the company, homebuyers with a Rocket mortgage earn 10% back on the last 12...
More people were filling out mortgage applications during the week ending Feb. 7, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 2.3% on a seasonally adjusted...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
