New Purchase Apps Increased Slightly In February
MBA says it's a seasonal pickup.
MBA says it's a seasonal pickup.
Industry experts say GSEs should abandon the DTI fees move.
Volume buoyed by drop in interest rates; some hesitancy due to banking concerns.
This month's credit availability decreased to its lowest level since January 2013.
Both refis and purchase loans rose; MBA also revises data for previous seven weeks.
New white paper says policymakers should preserve the critical features mortgage servicers implemented throughout the pandemic.
Both purchase an refinance volume fell as mortgage rates rose again.
Bipartisan voice vote brings federal legislation of RON closer to reality.
The national median payment applied for by purchase applicants increased 2.3% to $1,964 in January.