Tag Archives: MBA mortgage applications survey

Average production volume was $2.6 billion (8,371 loans) per company in 2022, down from $4.9 billion (16,590 loans) per company in 2021.

“Mortgage rates declined for the fourth straight week and have now fallen almost 40 basis points over the past month,” said Joel Kan, MBA’s VP and Deputy Chief Economist.

“The ongoing affordability hit of higher home prices and fast-rising mortgage rates led to a slowdown in purchase applications in May,” said Edward Seiler, the MBA's Associate VP.

Click through to see how the share of refinances is impacting applications and how it affects purchases.

Data from the Mortgage Bankers Association shows a 21.7% increase in mortgage applications for the week ending August 9.  The Refinance Index increased 37% from the previous week ...

Find out why the average loan application has risen to a new high and its impact on first-time homebuyers.

The 30- year fixed mortgage rates recorded the lowest rate since April 2018. Click through to learn more about how other loan types performed.

Mortgage applications saw a decline for the second consecutive week amid financial market volatility and economic uncertainty. Click through to learn more.

While mortgage applications have increased, conforming balances on some loan types have reached the lowest level since September 2018. Click through to learn more.

The most recent Market Composite Index, which measures mortgage loan application volume, is up—see the breakdown by loan type here.