Weekly Mortgage Applications Fell 13% At Year's End
MBA’s survey for the week ending Dec. 30 found applications, seasonally adjusted, fell 13.2% from two weeks earlier.
MBA’s survey for the week ending Dec. 30 found applications, seasonally adjusted, fell 13.2% from two weeks earlier.
Dytrix CEO with 40 years in the mortgage industry was first woman to chair MBA board.
The 0.9% overall increase was led by refinancing mortgages as mortgage rates fell.
Most vulnerable homeowners have FHA, VA, or other government loans.
MBA survey finds applications increased 1% from October.
Both the purchase and refinance indexes rose last week despite a small increase in mortgage rates.
Allowing borrowers with up to 100% of AMI to be eligible for these programs.
The Mortgage Credit Availability Index increased, indicating loosening credit.
The 4-week decline is the largest since 2008.