Rates climbed up for the second consecutive week, posting a 3.3% increase.
Tagged: Mortgage Bankers Association (MBA)
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.
MBA releases February PAPI.
Applications decreased 0.7% from one week earlier.
Weekly MBA survey released
Expenses Reach Second-Highest Level Ever Recorded, says Mortgage Bankers Association
Latest data from the Mortgage Bankers Association reveals significant shifts in application volume, driven by declining rates and robust refinance demand, while purchase applications show steady growth despite lingering challenges in the housing market.