Mortgage Bankers Association (MBA)

Production losses down from $2,109 per loan in Q4 2023

With rates reaching seven-week low, total applications increase 1.9%

Payments past due increased on all loan types this year, the MBA reported

Compared to March 2024, applications increased by 2%.

Latest MBA survey shows purchase and refinance applications still lagging, with 17% and 6% respective decreases YOY

Weekly survey from Mortgage Bankers Association shows decrease in purchase and refinance applications.