Mortgage Bankers Association (MBA)

Elevated interest rates and housing market challenges deter potential buyers; ARM applications see a rise as homebuyers weigh options.

MBA and CBA advocate for balanced regulations, emphasizing the importance of technological advancements in property valuations and cautioning against unrealistic expectations on lenders to address systemic biases.

Freddie Mac says 30-year-fixed rate at 7.09%

MBA reports Q2 net lost per loan of $534: an improvement from $1,972 in Q1

MBA weekly index says applications dipped 0.8% from one week earlier.

While year-over-year numbers are strong, monthly growth is minimal.