Wed, Jan 15 2025, 3:13 PM
There hasn't been meaningful change in economic data that measures activity in the housing and mortgage markets. In a nutshell, activity has been drif...
Fri, Jan 10 2025, 5:09 PM
2024 has been one of those "it is what it is" sort of years for activity in the mortgage market. There were signs of hope over the summer months as r...
Fri, Jan 3 2025, 3:22 PM
The Mortgage Bankers Association (MBA) didn't publish updated weekly application numbers last week, which meant that this week's data had to play catc...
Wed, Dec 11 2024, 3:08 PM
The Mortgage Bankers Association is out with the latest survey of mortgage applications and refinance activity led the charge this week. In fact, pur...
Wed, Nov 20 2024, 3:41 PM
First thing's first, mortgage applications increased last week, both for purchases and refinances! It was the first improvement for refi demand since ...
Wed, Nov 13 2024, 3:11 PM
It's not entirely clear if it's a can or the proverbial bucket. All we know is that mortgage applications have been kicking it. There's no great way...
Wed, Oct 23 2024, 2:53 PM
The Mortgage Bankers Association (MBA) keeps track of applications for purchase and refi mortgages every week. Purchase apps are slower moving, less ...
Wed, Jul 10 2024, 8:06 AM
Mortgage applications declined slightly on a seasonally adjusted basis last week but plummeted on an unadjusted basis during the July 4th week. The we...
Wed, May 8 2024, 8:16 AM
Lower interest rates allowed mortgage activity to rise modestly during the week ended May 3. It was the first increase in three weeks. The Mortgage Ba...
Wed, Apr 3 2024, 8:16 AM
Mortgage application activity drifted lower again last week , the third straight week of mostly fractional declines. The Mortgage Bankers Association’...
Wed, Jan 17 2024, 8:32 AM
Mortgage application activity continued its strong post-holiday performance during the week ended January 12. The Mortgage Bankers Association (MBA)...
Wed, Nov 15 2023, 8:25 AM
Even though mortgage interest rates changed only slightly, the volume of mortgage applications moved higher for the second time in as many weeks. The ...
Wed, Oct 11 2023, 10:27 AM
A reduction in adjustable mortgage rates led some cost-stressed borrowers to forsake fixed-rate security and drove mortgage application volume up slig...
Wed, Sep 13 2023, 10:15 AM
McDonald’s taking 9 years to eliminate its self-serve soda pop machines. (Couldn’t they take 5 hours and just move the machines behind the counter?) I...
Wed, Aug 2 2023, 9:19 AM
The weekly applications report from the Mortgage Bankers Association (MBA) wasn’t positive, but it was certainly consistent. MBA said its Market Compo...
Wed, Jul 19 2023, 9:35 AM
Applications for refinancing rebounded last week from the previous week’s holiday-related slowdown but purchase applications slid lower. The Mortgage ...
Wed, May 31 2023, 8:33 AM
Rising rates and sparse inventories continue to hamper the mortgage market. The Mortgage Bankers Association (MBA) said its Market Composite Index, a...
Wed, Apr 26 2023, 8:32 AM
Mortgage application volume increased during the week ending April 21. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measu...
Wed, Mar 15 2023, 8:34 AM
Mortgage application volume increased for a second straight week as investors fled to the safety of government-guaranteed securities in the wake of th...
Wed, Jan 18 2023, 4:16 PM
A friend out in California asked me how much, on average, I spend on a bottle of wine. I replied, “About half an hour.” Plenty of wine is being consum...
Wed, Jan 18 2023, 9:49 AM
A friend out in California asked me how much, on average, I spend on a bottle of wine. I replied, “About half an hour.” Plenty of wine is being consum...
Wed, Jan 4 2023, 8:22 AM
The end-of-year holiday season took its usual toll on mortgage applications. The Mortgage Brokers Association (MBA) report this morning recapped the p...
Wed, Dec 14 2022, 9:01 AM
The mortgage market disregarded a slight increase in interest rates last week. Refinance applications posted a second weekly gain, and the Purchase M...
Wed, Dec 7 2022, 8:19 AM
Application volume the past week didn’t fully recover from the usual Thanksgiving week losses a week prior. Refinancing did improve, but purchase vol...
Wed, Oct 26 2022, 9:41 AM
There was a slight increase in refinancing during the week ended October 21, but overall mortgage applications fell for the fifth straight week. The M...
Wed, Oct 19 2022, 8:18 AM
Mortgage application activity fell again during the week ended October 14 as mortgage interest rates hit their highest level in 20 years. The Market B...
Wed, Oct 5 2022, 7:44 AM
There were two storms brewing last week and each contributed to driving mortgage applications to generational lows. The Mortgage Bankers Association (...
Wed, Sep 21 2022, 9:29 AM
Mortgage application activity increased for the first time in six weeks during the period ended September 16 although the prior week had been shortene...
Wed, Aug 31 2022, 10:49 AM
My cat Myrtle has a certain amount of “girth,” as they say. But I tell her that she carries it well as the calories from line-caught halibut have far ...
Wed, Aug 31 2022, 10:11 AM
The volume of mortgage applications fell again last week, dragged lower by refinancing which had its largest week-over-week decline since mid-May. The...
Wed, Aug 24 2022, 10:27 AM
The Mortgage Bankers Association, (MBA) says its Weekly Mortgage Application Survey for the week ended August 19 shows the volume of mortgage applicat...
Wed, Aug 3 2022, 9:02 AM
Mortgage application activity rose last week, reversing a series of declines that started in late June. The increase was modest; the Mortgage Bankers ...
Wed, Jul 27 2022, 8:55 AM
The number of applications for residential mortgages retreated for the fourth consecutive period during the week ended July 22 according to the Weekly...
Wed, Jul 20 2022, 10:24 AM
The Mortgage Bankers Association (MBA) said today that its Market Composite Index, a measure of mortgage loan application volume, fell again during th...
Wed, Jun 22 2022, 11:30 AM
An increase in home purchase activity drove mortgage applications higher during the week ended June 17. The Mortgage Bankers Association (MBA) said it...
Wed, Jun 15 2022, 8:29 AM
Mortgage application volume increased during the week ended June 10 after four straight weeks of declines. However, the overall gains shown by data fr...
Wed, Jun 8 2022, 3:48 PM
It's a fairly sobering headline any way you word it: mortgage applications hit the lowest levels in 22 years last week according the the Mortgage Bank...
Wed, May 25 2022, 4:08 PM
Today's weekly mortgage application survey from the Mortgage Bankers Association (MBA) was fairly unsurprising in that applications declined, but at a...
Wed, Apr 27 2022, 2:43 PM
Today brought 2 new scheduled data releases for the housing market. Both were fairly logical given the variables in play. So far in 2022, one of the...
Wed, Apr 20 2022, 12:57 PM
The Mortgage Bankers Association's (MBA) latest weekly mortgage application data shows an ongoing and unsurprising decline in refinance applications. ...
Wed, Apr 20 2022, 11:35 AM
Happy 420 Day. (Tomorrow, by the way, is Happy Surprise Drug Test Day.) Another day, another layoff story from Better.com. The human tragedy in Ukrain...
Wed, Mar 16 2022, 1:00 PM
The Mortgage Bankers Association (MBA) released its latest mortgage application numbers this morning and the modest movement belies the drama unfoldin...
Wed, Mar 9 2022, 9:34 AM
The news release for weekly mortgage applications may have come out today, but as with any economic report, it refers to things that happened in the p...
Wed, Mar 2 2022, 1:24 PM
Mortgage applications have been making logical moves recently with higher rates causing a sharp deceleration in refinance activity. Purchases are off...
Wed, Feb 23 2022, 9:25 AM
The Mortgage Bankers Association released its weekly mortgage application data this morning. Here's the skinny: Refi Applications
-16% from last...
Wed, Nov 3 2021, 9:04 AM
The volume of mortgage applications as measured by the Mortgage Bankers Association's (MBA's) Market Composite Index declined during the week ended Oc...
Wed, Oct 20 2021, 10:20 AM
Mortgage application volume fell sharply last week, the second decline of more than 6 percent in the past three weeks. Refinancing was down for the fo...
Wed, Oct 13 2021, 10:31 AM
The volume of mortgage applications ticked up last week for the first time in three weeks, but an uptick was the extent of it. The Mortgage Bankers As...
Wed, Oct 6 2021, 11:00 AM
Mortgage applications declined by the largest margin in three months during the week ended October 1. The Mortgage Bankers Association said its Market...
Wed, Sep 29 2021, 10:46 AM
Mortgage application volume edged slightly lower during the week ended September 24 , with purchase and finance applications sharing in the dip. The M...
