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Mortgage Application Activity Declines by 7.2%

Mortgage Application Activity Declines by 7.2%

by Phil Hall | Jan 31, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage applications activity took a downturn in the latest data report from the Mortgage Bankers Association (MBA) for the week ending Jan. 26. The Market Composite Index was down by 7.2% on a seasonally adjusted basis from one week earlier, although the unadjusted...
Refinances Fuel Uptick in Mortgage Application Activity

Refinances Fuel Uptick in Mortgage Application Activity

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

Mortgage application activity was on the rise again, according to data from the Mortgage Bankers Association (MBA) for the week ending Dec. 8. The MBA’s Market Composite Index was up by 7.4% on a seasonally adjusted basis from one week earlier while the unadjusted...
Mortgage Application Activity Rises Slightly

Mortgage Application Activity Rises Slightly

by Phil Hall | Nov 29, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity inched up during the week ending Nov. 24, according to data from the Mortgage Bankers Association (MBA). The week’s results included an adjustment for the Thanksgiving holiday. The Market Composite Index, the MBA’s measure of mortgage...

NY Fed: Mortgage Rejection Rates Down Year-Over-Year

by Phil Hall | Nov 20, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Year-over-year rejection rates declined for new mortgage applications last month, according to new data from the Federal Reserve Bank of New York’s Survey of Consumer Expectations Credit Access Survey, which attributed the downturn as a likely reflection on the...
MBA: More People Seeking Out Mortgages

MBA: More People Seeking Out Mortgages

by Phil Hall | Nov 15, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity is on the rise, according to new data from the Mortgage Bankers Association (MBA) for the week ending Nov. 10. The Market Composite Index, the trade group’s measure of mortgage loan application volume, increased 2.8% on a seasonally...
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