Latest MBA survey shows purchase and refinance applications still lagging, with 17% and 6% respective decreases YOY
Tagged: Mortgage Bankers Association (MBA)
Weekly survey from Mortgage Bankers Association shows decrease in purchase and refinance applications.
If 2022 was bad, more expenses, fewer sales, and thinner margins in 2023 makes 2024 a make-or-break year for many.
New release from CFPB lays out areas of improvement, and concern, for mortgage servicers.
The MBA's weekly mortgage applications survey shows decline in last week's application volume
Rates climbed up for the second consecutive week, posting a 3.3% increase.
Mortgage applications for new home purchases increased 6.2% year-over-year, but only 1% month-over-month.
With the NAR settlement pending approval, lenders hot to hire buyers' agents ought to closely consider all the risks.
Applications increased 0.1% from one week earlier, per MBA data.
Elevated mortgage rates weigh down on home buying, according to MBA economists.