Mortgage applications increased 20.4% from one week earlier, according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending February 28, 2025.
Category: News and Trends
Quote of the Day
“Mortgage rates declined last week on souring consumer sentiment regarding the economy and increasing uncertainty over the impact of new tariffs levied on imported goods into the U.S.”
–Joel Kan, MBA’s Vice President and Deputy Chief Economist
Industry Briefs, March 6, 2025
Industry news from Indisoft, Snapdocs, Informative Research, Argyle, nCino, Corporate Settlement Solutions and ICBA CRA.
School of Mortgage Banking I: The Foundation of Mortgage Banking
Gain a comprehensive understanding of the mortgage banking industry with MBA Education’s School of Mortgage Banking I.
JLL: Double-Digit Medical Outpatient Building Growth on Horizon
An aging population, surging outpatient demand and the need for services near growing populations are all contributing to strong demand in the healthcare sector, according to JLL, Chicago.
Premier Member White Paper Profile: Snapdocs Examines the ROI of Digital Closings
MBA regularly highlights new white papers from its Premier Members. Today, we look at Snapdocs’ recently released The ROI of Digital Closings white paper.
CBRE: Data Centers See Strong 2024
CBRE, Dallas, reported supply in primary data center markets increased by 34% year-over-year in 2024, significantly more than the 26% increase in 2023.
People in the News, March 5, 2025
Industry personnel news from SingleSource, Embrace Home Loans, Title Clearing & Escrow, Fay Group, Service 1st and CMG Home Loans.
Home Price Growth Slows as Mortgage Rates Dip, Redfin Finds
The median U.S. home-sale price rose just 3.5% year over year during the four weeks ending February 23–the smallest increase since September–according to a new report from Redfin, Seattle.
Disaster Recovery: A Resource for Homeowners from MBA
MBA’s Disaster Recovery: A Resource for Homeowners is a resource paper for homeowners that outlines what to do before and after the disaster, along with how to start and work through the recovery process.