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...
Wed, Sep 22 2021, 8:08 AM
The volume of applications for first mortgages grew by 4.9 percent on a seasonally adjusted basis during the first full week after Labor Day. The Mort...
Wed, Sep 1 2021, 11:04 AM
Mortgage application volume declined again last week , dragged down by flagging refinance activity. The Mortgage Bankers Association (MBA) says its Ma...
Wed, Aug 25 2021, 10:45 AM
Both refinance and purchase applications increased slightly last week , and the Mortgage Bankers Association (MBA) said its Market Composite Index, a ...