Tagged: Mortgage Bankers Association (MBA)

30-year fixed mortgage rate reaches 7.9% – its highest since 2000 – stalling potential homebuyers and suppressing refinance activities.

Despite a 12% monthly drop, year-on-year figures show a 14.9% increase; First-time homebuyers drive surge in FHA applications.

Regions Mortgage SVP recognized for stellar academic achievements and dedication to the mortgage banking industry.

While loans under forbearance see a decline, looming economic challenges and a potential 2024 recession remind the industry to tread with caution.

From surprise stances on FHA's future policies to the hidden secrets lenders don't want you to know - Here's everything that went down!

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.