Tagged: Mortgage Bankers Association (MBA)

Purchase applications hit their lowest since 1995, while ARMs surge by almost 10%, reflecting a market adjusting to near 23-year high interest rates.

Recent data unveils a dip in median mortgage payments, but annual figures showcase a significant rise.

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.