First-time homebuyers retreat from the market as mortgage applications decline

By:
In: Mortgage News

Warning: Undefined variable $custom_content in /home4/comcompare/public_html/mortgagenews/wp-content/plugins/code-snippets/php/snippet-ops.php(582) : eval()'d code on line 10

As the banking crisis stabilized last week, mortgage rates rose and borrower demand for home loans fell.  However, with fewer homes for sale, these high prices are difficult for potential buyers. According to the weekly survey of mortgage applications (MBA),Continue Reading

Mortgage Applications Climb 2.2% in the Week Ending November 18

By:
In: New Home Mortgage News

Warning: Undefined variable $custom_content in /home4/comcompare/public_html/mortgagenews/wp-content/plugins/code-snippets/php/snippet-ops.php(582) : eval()'d code on line 10

The Mortgage Bankers Association (MBA) reported that mortgage applications rose 2.2 percent in the week ending Nov. 18, with results adjusted for the Veterans Day holiday. The MBA Composite Market Index measures the number of mortgage applications nationwide.  For theContinue Reading

Mortgage Applications Fall 2 Percent Week-On-Week

By:
In: Mortgage News

Warning: Undefined variable $custom_content in /home4/comcompare/public_html/mortgagenews/wp-content/plugins/code-snippets/php/snippet-ops.php(582) : eval()'d code on line 10

Mortgage applications fell 2% this week, dampening demand for home loans as mortgage rates rose. Mortgage Bankers Association research found that mortgage rates typically fell by 2% each period and were not on the schedule for the week ending OctoberContinue Reading

Mortgage Application Hits 22 Years Low

By:
In: Mortgage News

Warning: Undefined variable $custom_content in /home4/comcompare/public_html/mortgagenews/wp-content/plugins/code-snippets/php/snippet-ops.php(582) : eval()'d code on line 10

Lending costs and Interest rates increased week ending on September 23. The composite sales index, which measures the number of mortgage applications, fell 3.7% in the period from the previous week and 4% on an unadjusted basis. The reinvestment indexContinue Reading

According to the Latest MBA Survey Mortgage Applications are Dropped

By:
In: Mortgage News

Warning: Undefined variable $custom_content in /home4/comcompare/public_html/mortgagenews/wp-content/plugins/code-snippets/php/snippet-ops.php(582) : eval()'d code on line 10

The premium in selling a home slipped last week, as indicated by the Mortgage Banker Association’s (MBA) Market Composite Index.  For the week finishing February 4, 2020, contract applications diminished 8.1% on an occasionally changed premise from a multi-week earlier. Continue Reading

Mortgage Applications Increased by 2.3% Along With Increase in Loan Size

By:
In: Mortgage News

Warning: Undefined variable $custom_content in /home4/comcompare/public_html/mortgagenews/wp-content/plugins/code-snippets/php/snippet-ops.php(582) : eval()'d code on line 10

Mortgage applications extended 2.3% from the prior week, generally due to a strong purchase market, as demonstrated by the Mortgage Bankers Association (MBA) outline for the week completing Jan. 14. The incidentally changed Purchase Index rose 7.9% from the priorContinue Reading

MBA Mortgage Applications Rise By 4.9%

By:
In: Mortgage News

Warning: Undefined variable $custom_content in /home4/comcompare/public_html/mortgagenews/wp-content/plugins/code-snippets/php/snippet-ops.php(582) : eval()'d code on line 10

The Mortgage Bankers Association data for application rose by 0.3% compared to the third week of September 2021 The market index also rose from 707.9 last week to 742.7 The purchase index today is 283.9 in comparison to 277.9 ThereContinue Reading

Latest Mortgage Application Status

By:
In: Realtor News

Warning: Undefined variable $custom_content in /home4/comcompare/public_html/mortgagenews/wp-content/plugins/code-snippets/php/snippet-ops.php(582) : eval()'d code on line 10

According to recent data from the Mortgage Bankers Association (MBA) mortgage applications have been decreasing week over week. For the week ending August 27, 2021, the seasonally adjusted basis mortgage loan applications decreased by 2.4%, and 3% on an unadjustedContinue Reading

Mortgage Applications fall by 5%

By:
In: New Home Mortgage News

Warning: Undefined variable $custom_content in /home4/comcompare/public_html/mortgagenews/wp-content/plugins/code-snippets/php/snippet-ops.php(582) : eval()'d code on line 10

The housing market generally warms up during spring. However, after months of frantic buying, there are signs that it may finally be slowing down.  There was a decrease of 5% recorded in the number of mortgage applications compared to theContinue Reading

MBA Weekly Survey Shows Decline In Mortgage Applications

By:
In: Mortgage News

Warning: Undefined variable $custom_content in /home4/comcompare/public_html/mortgagenews/wp-content/plugins/code-snippets/php/snippet-ops.php(582) : eval()'d code on line 7

Last updated on December 26th, 2022 at 09:34 pmA measure of mortgage loan application volume is the Market Composite Index, on a seasonally adjusted basis, the index decreased 11.4 % from the previous week.  The Index decreased 10 % onContinue Reading