According to new MBA Builder Application Survey data for November 2022, findings show mortgage applications for new home purchases decreased an estimated 25% compared to a year ago.
Read More »Mortgage App Activity Bottoms Out to 22-Year Low
As mortgage rates jumped back well above the 5%-mark last week, the MBA reports overall mortgage app volume falling 2.3% week-over-week, crashing to lows last seen more than two decades ago.
Read More »Rate Hikes Continue to Drive Down Mortgage App Volume
With interest by prospective buyers waning, mortgage application volume fell 11% week-over-week, as economic volatility has forced some households to delay their home search.
Read More »Mortgage Applications Down Despite Record-Low Rates
Mortgage applications tumbled 4.8% on a seasonally adjusted basis from the previous week, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the ...
Read More »Mortgage Applications Take Slight Turn
After a short burst of increases, mortgage applications have dipped, according to to new data from the Mortgage Banker's Association.
Read More »Housing Permits Flourish Where Building Regulations Don’t
In ranking the top 10 markets with the highest number of housing permits, Realtor.com finds a correlation between building regulations and permit numbers.
Read More »Mortgage Application Volume in the Buyer’s Market
As we move further into this year’s homebuyer’s market, mortgage applications are rising. How much have applications increased recently?
Read More »A Storm of Defects
A new report points to a rising risk of defects in mortgage loan applications. Is the trend here to stay?
Read More »Mortgage Apps and DTI Ratios
A new analysis reveals that since 2015 debt-to-income ratio has become the number one reason that lenders have turned down purchase-mortgage applications. What are the factors that are impacting the DTI ratios of homebuyers?
Read More »Mortgage App Fraud On the Rise
With home prices at new highs, mortgage application fraud is up as well. Click through to find out what may have led to these increases in fraud.
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