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Q4 Lending Down While Refinance Activity Rises

Q4 Lending Down While Refinance Activity Rises

by Phil Hall | Feb 27, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

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...
Mortgage Application Activity is Dull, Forbearance Levels Drop

Mortgage Application Activity is Dull, Forbearance Levels Drop

by Phil Hall | Jan 22, 2025 | Market Snapshot, Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity remained flat for the week ending Jan. 17, according to new data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, inched up by a scant 0.1% on a seasonally...
Mortgage Applications Down Over a Two-Week Period

Mortgage Applications Down Over a Two-Week Period

by Phil Hall | Jan 2, 2025 | Market Snapshot, Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage applications decreased 21.9% from two weeks earlier, according to data from the Mortgage Bankers Association (MBA) for the week ending Dec. 27, 2024; the results included an adjustment to account for the Christmas holiday. The Market Composite Index, the...
Refinance Surge Drives Up Mortgage Applications

Refinance Surge Drives Up Mortgage Applications

by Phil Hall | Dec 11, 2024 | Market Snapshot, Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage applications took a healthy upturn thanks to a surge in refinancing, according to data from the Mortgage Bankers Association (MBA) covering the week ending Dec. 6. The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased...
Report: Refinancing Fueled Q3 Mortgage Lending Activity

Report: Refinancing Fueled Q3 Mortgage Lending Activity

by Phil Hall | Nov 21, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 1.67 million mortgages were secured by residential property (1 to 4 units) during the third quarter, according to a data report from ATTOM. This marked 1.9% increases on both a quarterly and annual measurement. Lenders issued $553.1 billion worth of...
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