Mortgage rates rose for the 10th consecutive week, driving mortgage applications to another 25-year low, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending October 21.
Tag: Joel Kan
People in the News Oct. 25, 2022: Megan Booth Joins MBA as AVP of Commercial/Multifamily Policy
Megan Booth joined the Mortgage Bankers Association’s Commercial/Multifamily Department as Associate Vice President of Commercial/Multifamily Policy.
MBA Forecast: Recession Likely in 2023, Mortgage Originations to Decline 9% to $2.05 Trillion
NASHVILLE—The Mortgage Bankers Association said total mortgage origination volume is expected to decline to $2.05 trillion in 2023 from the $2.26 trillion expected in 2022. Purchase originations are forecast to decrease by 3 percent to $1.53 trillion next year, while refinance volume is anticipated to decline by 24 percent to $513 billion.
MBA Forecast: Recession Likely in 2023, Mortgage Originations to Decline 9% to $2.05 Trillion
NASHVILLE—The Mortgage Bankers Association said total mortgage origination volume is expected to decline to $2.05 trillion in 2023 from the $2.26 trillion expected in 2022. Purchase originations are forecast to decrease by 3 percent to $1.53 trillion next year, while refinance volume is anticipated to decline by 24 percent to $513 billion.
MBA Forecast: Recession Likely in 2023, Mortgage Originations to Decline 9% to $2.05 Trillion
NASHVILLE—The Mortgage Bankers Association said total mortgage origination volume is expected to decline to $2.05 trillion in 2023 from the $2.26 trillion expected in 2022. Purchase originations are forecast to decrease by 3 percent to $1.53 trillion next year, while refinance volume is anticipated to decline by 24 percent to $513 billion.
MBA Weekly Survey Oct. 19, 2022: Mortgage Applications Tumble Again
Mortgage applications fell yet again last week, reaching their lowest level in 25 years, while mortgage interest rates hit their highest level since 1997, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending October 14.
MBA Weekly Survey Oct. 19, 2022: Mortgage Applications Tumble Again
Mortgage applications fell yet again last week, reaching their lowest level in 25 years, while mortgage interest rates hit their highest level since 1997, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending October 14.
September Builder Apps Down 13% from Year Ago
Mortgage applications for new home purchases in September fell by 7 percent from August and by 13.2 percent a year ago, the Mortgage Bankers Association reported Tuesday.
September Builder Apps Down 13% from Year Ago
Mortgage applications for new home purchases in September fell by 7 percent from August and by 13.2 percent a year ago, the Mortgage Bankers Association reported Tuesday.
MBA Chart of the Week Oct. 14 2022: Housing Costs
This week’s Chart of the Week highlights different measures of housing costs, all indexed to 2018. The lowest lines are the CPI measures of shelter costs, including the “’all-in” shelter measure and breakouts for rents and owners’ equivalent rents.