Tagged: Mortgage Bankers Association (MBA)

Rates fell across most loan types, but purchase and refinance applications won't budge

"Buyers remained on the fence" last week as index fell 6.6%, commented the MBA's Joel Kan

Refinance applications jump 10% to highest level since October

Industry ‘awaits potential shifts in interest rates’ for increase in activity, MCT says

Conventional delinquency rates remain historically low while FHA and VA delinquency rates grow

Trump's nominee passed with a 55-44 vote and the support of two Senate Democrats

A dip in rates caused refis to surge 12% from the week prior, while purchase activity took a hit

Median purchase application payments rose 3.5% from the end of 2023 — the last 'worst year in decades' for home sales

MBA expects "gradual pick up in purchase activity in the coming months" — pending a big "if"

MBA's Fratantoni says economic data likely to keep rates 'steady at these levels'