Mortgage Bankers Association (MBA)

The Mortgage Bankers Association’s data reveals a modest increase in applications, but overall activity remains subdued as interest rates hit their highest levels since 2000.

MBA report reveals a slight increase in loan offerings to counter rising mortgage rates, while industry braces for decline in origination volume.

Urgent plea for clarity on rate hikes and MBS sell-offs amidst fears of an economic downturn and housing market instability.

30-year fixed rate sees its highest climb in 23 years, leading to a significant slowdown in the housing market.

Reports from ATTOM and MBA highlight steepest drop since 2007, with 99% of counties surpassing historical averages in home and condo pricing.

With mortgage rates hitting a 20-year peak, a 1.3% dip in applications reflects the strain on homebuyers and limited motivation for refinancing.