Home >> Tag Archives: MBA

Tag Archives: MBA

Mortgage App Payments Rose Nearly 4% in October

The Mortgage Bankers Association has released new data showing the national median mortgage payment rose to $2,012 in October, recording a slight climb from September. Meanwhile, median asking rents increased an estimated 6.2% between Q2 and Q3 of 2022.

Read More »

Credit Availability at Lowest Level Since 2013

“Credit availability fell last month to the lowest level since May 2013, as lenders streamlined their loan offerings in this declining volume environment,” said Joel Kan, MBA’s Associate VP of Economic and Industry Forecasting.

Read More »

IMB Profits Decrease in Q1

The closings-to-application ratio declined by five percentage points in Q1, affecting both revenue and cost, while rising mortgage rates and low housing supply resulted in lower production volume.

Read More »

Credit Availability Declines in March

credit scoring

Mortgage credit availability, a key component of the mortgage application process, decreased in March, according to the Mortgage Credit Availability Index (MCAI), a monthly report from the Mortgage Bankers ...

Read More »