First Quarter GDP Slows to 1.1%

The U.S. economy marked its slowest growth in nearly a year, the Bureau of Economic Analysis reported Thursday.

MBA Weekly Survey Apr. 19, 2023: Rising Rates Dampen Applications

Mortgage applications fell for the second time in three weeks as rising interest rates curtailed activity, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending April 14. 

MBA Weekly Survey Apr. 19, 2023: Rising Rates Dampen Applications

Mortgage applications fell for the second time in three weeks as rising interest rates curtailed activity, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending April 14. 

MBA Chart of the Week, Apr. 14, 2023: Number of Homes Available for Sale

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

MBA Chart of the Week, Apr. 14, 2023: Number of Homes Available for Sale

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