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Tag Archives: ARM

Mortgage Applications Reach Lowest Level in Nearly Three Decades

“Mortgage applications decreased for the seventh time in eight weeks, reaching the lowest level since 1996,” said Joel Kan, MBA’s VP and Deputy Chief Economist. “Last week’s decline was driven by a 5% drop in refinance applications, to the weakest reading since January 2023.”

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Slowing House Price Appreciation Expected to Continue

Having slowed from recent peaks, house price appreciation in all top 50 markets analyzed in the latest study from First American revealed the housing market is adjusting to the decline in affordability as the hot pandemic sellers’ market transitions in favor of homebuyers.

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Mortgage Applications Slip Again

mortgage application

As mortgage rates continued to climb, loan applications declined for the second week. But how did they perform compared with last year? Click through to learn more.

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