Mortgage credit availability fell by just 0.1 percent in December, the Mortgage Bankers Association reported Tuesday.
Tag: Joel Kan
December Mortgage Credit Availability Inches Down
Mortgage credit availability fell by just 0.1 percent in December, the Mortgage Bankers Association reported Tuesday.
MBA Weekly Survey Jan. 4, 2023: Mortgage Applications Down 13% over Holidays
Mortgage applications fell by 13.2 percent over the two-week holiday period to their lowest level in 26 years, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the weeks ending December 23 and December 30.
MBA Weekly Survey Jan. 4, 2023: Mortgage Applications Down 13% over Holidays
Mortgage applications fell by 13.2 percent over the two-week holiday period to their lowest level in 26 years, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the weeks ending December 23 and December 30.
MBA Chart of the Week: New, Existing Home Sales
We are forecasting a weak start to 2023 for the housing market. Driven by a recession in the first half of the year and a continuation of the trends outlined above, we expect a 13% drop in existing home sales and a 4% decrease in new home sales for 2023, following 16% decreases in both segments in 2022.
MBA Chart of the Week: New, Existing Home Sales
We are forecasting a weak start to 2023 for the housing market. Driven by a recession in the first half of the year and a continuation of the trends outlined above, we expect a 13% drop in existing home sales and a 4% decrease in new home sales for 2023, following 16% decreases in both segments in 2022.
November New Home Purchase Mortgage Applications Up 1%
The Mortgage Bankers Association’s November Builder Applications Survey reported mortgage applications for new home purchases rose by 1percent from October, but fell by 25.2 percent from a year ago.
November New Home Purchase Mortgage Applications Up 1%
The Mortgage Bankers Association’s November Builder Applications Survey reported mortgage applications for new home purchases rose by 1percent from October, but fell by 25.2 percent from a year ago.
MBA Chart of the Week Dec. 16, 2022: Federal Funds Rate Projections
In an effort to increase transparency after the Great Recession, one of the Federal Open Market Committee communication initiatives under Chairman Ben Bernanke was to publish individual members’ assessments of the economy in the Summary of Economic Projections. In this week’s MBA Chart of the Week, we track changes in policymakers’ quarterly published SEP forecasts of the federal funds rate over the past eight quarters.
MBA Weekly Survey Dec. 14, 2022: Applications Rebound After 2 Down Weeks
Mortgage applications rose for the first time in three weeks, despite an uptick in mortgage interest rates, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending December 9.