Quote of the Day

“Commercial and multifamily mortgage originations posted a strong rebound in the first three months of the year, increasing 42% compared to year-ago levels.”
–MBA’s Reggie Booker

Mortgage Applications Increase in Latest MBA Weekly Survey

Mortgage applications increased 1.1% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending May 9, 2025. 

Mortgage Delinquencies Increase Slightly in First Quarter

The delinquency rate for mortgage loans on one-to-four-unit residential properties increased to a seasonally adjusted rate of 4.04% of all loans outstanding at the end of the first quarter, according to MBA’s National Delinquency Survey.