Applications for new home purchases plummeted from October to November, the Mortgage Bankers Association (MBA) estimates in its latest Builder Application Survey (BAS).
Read More »Mortgage Applications Pick Up Following Thanksgiving
Mortgage applications recovered slightly during the first week of December, the Mortgage Bankers Association (MBA) reported. MBA's Weekly Mortgage Applications Survey showed a 1.0 percent increase in loan application volume (seasonally adjusted) for the week ending December 6. The previous survey's results had included an adjustment for the Thanksgiving holiday. Unadjusted, the index increased 43 percent. As applications rose, so did mortgage rates.
Read More »Following October Bump, Mortgage Applications Resume Trend
Using weekly application numbers released by the Mortgage Bankers Association (MBA), economic analysis firm Capital Economics calculated a 1.3 percent decrease in total applications for November.
Read More »Mortgage Applications Experience Slight Decline
Last week saw another drop in mortgage application volume, the Mortgage Bankers Association (MBA) reported in its Weekly Applications Survey. MBA's Market Composite Index, a measure of mortgage loan application volume, fell a seasonally adjusted 0.3 percent the week ending November 22, the group reported. It was the fourth straight week of decreases in loan application activity. On an unadjusted basis, the index declined 9 percent week-over-week.
Read More »October Purchase Loan Share Crosses 60% Line
According to Ellie Mae's data, which draws from a sampling of the loan applications flowing through the company's network, purchase loan share was 61 percent in October.
Read More »Mortgage Applications Stumble for Third Straight Week
Mortgage application volume declined once again for the week ending November 15, the Mortgage Bankers Association (MBA) reported in its Weekly Mortgage Applications Survey.
Read More »Applications for New Home Purchases Jump Up in October
Application volume from mortgage subsidiaries of homebuilders across the country suggests a climb in new home sales throughout the month of October.
Read More »Mortgage Applications Fall, October Plunge Revised Up
Mortgage applications continued to dip last week as November got under way, the Mortgage Bankers Association (MBA) reported in its Weekly Mortgage Applications Survey. The survey's Market Composite Index, a measure of loan application volume, fell 1.8 percent for the week ending November 8. Volume data for the week ending November 1 was revised upward to reflect a 2.8 percent drop (compared to the originally reported 7 percent decrease). On an unadjusted basis, last week's index was down 3 percent.
Read More »Despite Late-Month Drop, Loan Apps Rebound in October
Mortgage application volume increased throughout October, but a substantial decline recorded in the month's final days has experts at Capital Economics doubting that the trend will continue for the time being. Using application numbers released by the Mortgage Bankers Association (MBA), Capital Economics calculated a 7.5 percent increase in applications in October, pulling activity up from a five-month streak of declines. However, for the week ending November 1, MBA reported a 7.0 percent drop.
Read More »Mortgage Applications Leap as Government Crisis Ends
After staying mostly flat through mid-October, mortgage application volume jumped for the week ending October 25, the Mortgage Bankers Association (MBA) found in its Weekly Mortgage Applications Survey. MBA's Market Composite Index, a measure of loan application volume, increased 6.4 percent on a seasonally adjusted basis from the prior week. Having experienced a shaky summer, the Refinance Index bumped up 9 percent week-over-week.
Read More »