MBA’s forecast calls for a gradual recovery in home purchase activity in the second half of 2023, driven by some catch-up buying from 2022 when mortgage rates surged and by younger age cohorts entering homeownership. However, this recovery will be dependent on affordability conditions improving
Tag: Joel Kan
MBA Weekly Applications Survey Apr. 12: Applications Increase
Mortgage applications increased 5.3 percent from one week earlier, according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending April 7, 2023.
March Mortgage Credit Availability Posts Modest Increase
Mortgage credit availability rose in March after falling to a 10-year-low in February, the Mortgage Bankers Association reported Tuesday.
March Mortgage Credit Availability Posts Modest Increase
Mortgage credit availability rose in March after falling to a 10-year-low in February, the Mortgage Bankers Association reported Tuesday.
MBA Chart of the Week Mar. 31, 2023: Housing Cost Burden Rates by Income Level
In this week’s MBA Chart of the Week, we look at housing cost ratios by household income level, using data from the 2021 American Housing Survey.
MBA Weekly Survey Mar. 29, 2023: Applications Up 4th Straight Week as Rates Continue to Fall
Mortgage interest rates fell for the third straight week, and mortgage application activity increased for the fourth straight week, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending March 24.
MBA Weekly Survey Mar. 29, 2023: Applications Up 4th Straight Week as Rates Continue to Fall
Mortgage interest rates fell for the third straight week, and mortgage application activity increased for the fourth straight week, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending March 24.
MBA Weekly Survey Mar. 22, 2023: Falling Rates Drive Applications Up Third Straight Week
Mortgage interest rates fell to their lowest level since February, spurring increased application activity for the third straight week, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending March 17.
MBA Weekly Survey Mar. 22, 2023: Falling Rates Drive Applications Up Third Straight Week
Mortgage interest rates fell to their lowest level since February, spurring increased application activity for the third straight week, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending March 17.
February New Home Purchase Mortgage Applications Up 4%
The Mortgage Bankers Association on Thursday reported mortgage applications for new home purchases increased by 4 percent in February from January and by 1.2 percent from a year ago.