Mortgage Credit Availability Increased in March

Mortgage credit availability increased in March according to the Mortgage Credit Availability Index, a report from the Mortgage Bankers Association that analyzes data from ICE Mortgage Technology.

Mortgage Applications Decrease in Latest MBA Weekly Survey

Mortgage applications decreased 1.6% from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending March 15, 2024.

Unemployment Rate Increases But Remains Low

The unemployment rate increased in February for the first time since last summer, the Bureau of Labor Statistics reported Friday. But it remains low by historical standards at 3.9%.

MBA Chart of the Week: Job Openings for Selected Industries

Last week Fed Chair Jay Powell testified to Congress that as “labor market tightness has eased and progress on inflation has continued, the risks to achieving our employment and inflation goals have been moving into better balance.”

Mortgage Credit Availability Increased in February

Mortgage credit availability increased in February according to the Mortgage Credit Availability Index, a report from the Mortgage Bankers Association that analyzes data from ICE Mortgage Technology.