Tag Archives: Mortgage Bankers Association (MBA)

As rates continue to edge higher, both purchase and refi activity slowed this week with the average loan hitting a record high of $446,000.

Mortgage rates have begun to plateau, with a spike in home buyer demand due to the continued lack of supply and elevation in prices.

PMG transitions its leadership with the addition of 20-plus-year industry veteran to deepen the firm's scalability and accelerate growth.

As rates shift upward, eager buyers and refinance-seekers are locking in before anticipated hikes continue.

The surge in mortgage rates seen last week has slowed slightly, as Freddie Mac expects rates to continue to increase, but at a more gradual pace.

Overall mortgage application volume declined week-over-week, as the pool of borrowers left are losing the incentive to refinance.

A strong economy and positive employment numbers factor into the Federal Reserve’s decision not to raise rates.

New role of VP of Marketplace Diversity Strategy was established to foster Guild’s goal to increase homeownership among minorities and underserved markets.

After weeks of hovering just above the 3% mark, mortgage rates changed course for the second straight week, reaching highs last seen prior to the pandemic.

A rise in rates over the last week did not stop the charge of conventional purchase applications, as prospective buyers locked in rate before even more drastic increases.