“Overall mortgage application activity declined last week, as rates increased to their highest level in two months. The 30-year fixed rate rose for the second straight week to 6.9%, an almost 30-basis-point increase over two weeks.”
–Joel Kan, MBA’s Vice President and Deputy Chief Economist
Mortgage applications decreased 12.7% from one week earlier, according to MBA’s Weekly Mortgage Applications Survey for the week ending April 18, 2025.
Whether you’re a technology vendor, leading an internal product and engineering team or buying AI tools, the question is no longer whether to use AI — it’s how to use it effectively, writes BeSmartee’s Tim Nguyen
CONVERGENCE Memphis is unlocking new pathways to affordable homeownership through its Land Expo model–collaborative events that connect emerging developers, public agencies and capital providers around development-ready opportunities in priority neighborhoods.
Mesa West Capital provided LV Collective with $133.9 million in short-term first mortgage debt to refinance Rambler Athens, a 750-bed student housing property next to the University of Georgia in Athens, Ga.
Realtor.com released its March Rent Report, finding that despite the 20th consecutive month of year-over-year rent declines, almost all major metro areas still have higher rent than pre-pandemic.
55Places, Chicago, ranked the 13 toughest real estate markets for 55-plus buyers right now, based on areas with less than three months of inventory. With just 1.6 months of inventory, Chicago tops the list.
Industry news from Fairway, Rocktop Technologies, Halcyon, MCT, Calyx, Xactus, Equifax and Friday Harbor.
Nearly 47% of transactions on an $80 billion portfolio of loans had issues leading to a risk of wire and title fraud during the first quarter, according to FundingShield, Newport Beach, Calif.
MBA Education’s signature School of Mortgage Banking (SOMB) series is the real estate finance industry’s standard in comprehensive residential mortgage training.
