Mortgage Bankers Association (MBA)

Decline in both refinance and purchase activities, with 30-year fixed rates reaching heights unseen since November 2000.

Union Home Mortgage president pledges to enhance housing affordability and boost financial literacy.

Economists from the Mortgage Bankers Association anticipate a gradual recovery in the mortgage sector, with rates expected to dip and origination volumes set to surge by 2025.

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.