Tag Archives: MBA

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

According to new national data, mortgage applications for new homes dropped year-over-year. Regionally see which states took the hardest hit . . .

Homeowners may be eligible for a tax credit for a portion of their previously paid mortgage interest, according to recent report that states mortgage credit availability has seen a slight increase in multiple component indices.

Over the last week, mortgage applications have dipped more than 2 percent, a new survey shows. But just how much have they dropped—and will it continue?

Two weekly reports show that mortgage rates are down—the lowest they’ve been in seven months, and mortgage application volume is up. Seasonally adjusted, purchase index is on the rise while unadjusted remains down over 10 percent. 10-year treasury yield also fell this week.

The 2017 Quarterly Mortgage Bankers Performance Report for Q1 was released on Tuesday and reported that independent mortgage banks were having a rough start in the first quarter of 2017. Per loan, gains and production costs are down, resulting in lower net profits. Q1 was also a record breaking quarter for two statistics since its inception in 2008.

According to the latest Mortgage Bankers Association weekly survey ending May 31, 2017, mortgage applications decreased since last week’s report. The Market Composite Index, a measure of mortgage ...

As previously predicted, mortgage rates reacted to the recent drop in the Treasury yield, falling this week to a 2017 low. However, these low rates may soon bounce back, with 30 percent of mortgage professionals polled predicting that next week will see a rise in rates. For now, the industry is experiencing an increase in loan applications as applicants move to take advantage of the favorable market.

Mortgage credit is up month-over-month thanks to more investors getting into the market and streamlined documentation loans by FHA, one report shows.

What are the key differences between the proposed Housing finance reforms?