Tag Archives: Mortgage Bankers Association (MBA)

Lender taps new Chief Operating Officer to manage operations and underwriting teams in assisting non-QM/non-agency loan candidates.

Inflationary concerns and the Ukrainian conflict are factoring into mortgage rate volatility that is forecast to continue in the short-term.

As the military conflict in Ukraine pushed U.S. Treasury yields lower, the MBA reports that purchase and refi application volume climbed week-over-week.

Rates fell week-over-week as the Russian-Ukrainian crisis has brought with it uncertainty in the housing finance sector.

Overall mortgage volume tailed off slightly from last week’s totals, as climbing rates continue to dampen refi and purchase activity.

Along with a strain in purchase activity, the MBA's estimate of new home sales fell in January to its slowest annual pace since July 2021.

After taking a giant leap toward the 4% mark, mortgage rates scaled back this week, as most economists feel home price growth will remain firm before cooling off later this year.

A rise in rates is putting the brakes on the refi market, as overall app volume continues its downward turn.

Thirty-year mortgage industry vet tapped to oversee new business growth for 39 branch offices and a network of more than 300 mortgage professionals.

Overall purchase and refi application volume has dropped week-over-week, as rates jumped following a three-week stretch of stability.