Mortgage applications rose for the first time in eight weeks as mortgage rates fell back below 7 percent, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending Nov. 11.
Tag: Joel Kan
MBA Weekly Survey Nov. 16, 2022: Rates Fall; Applications Up 1st Time in 8 Weeks
Mortgage applications rose for the first time in eight weeks as mortgage rates fell back below 7 percent, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending Nov. 11.
MBA: Mortgage Credit Availability Falls for 8th Straight Month
Mortgage credit availability fell for the eighth straight month in October, remaining at a nine-year low, the Mortgage Bankers Association reported Tuesday.
MBA: Mortgage Credit Availability Falls for 8th Straight Month
Mortgage credit availability fell for the eighth straight month in October, remaining at a nine-year low, the Mortgage Bankers Association reported Tuesday.
MBA Weekly Survey Nov. 9, 2022: Rates Rise; Refis Fall to 22-Year Low
Mortgage applications fell for the seventh straight week, with rising mortgage rates pushing refinance applications to their lowest level since 2000, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending Nov. 4.
MBA Weekly Survey Nov. 9, 2022: Rates Rise; Refis Fall to 22-Year Low
Mortgage applications fell for the seventh straight week, with rising mortgage rates pushing refinance applications to their lowest level since 2000, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending Nov. 4.
MBA Chart of the Week Nov. 4 2022: Mortgage Payment to Rent Ratio
This week’s MBA Chart of the Week examines another metric from our PAPI dataset – the mortgage payment to rent ratio. The orange line relates the median principal and interest payment to the median asking rent, and the blue line relates the 25th percentile mortgage application payment to the median asking rent (that may be a more suitable ratio for first-time homebuyers).
Employers Add 261,000 October Jobs; Unemployment Rate Rises
The Bureau of Labor Statistics on Friday reported employers added 261,000 jobs in October; meanwhile, the unemployment rate ticked up to 3.7 percent.
MBA Chart of the Week Nov. 4 2022: Mortgage Payment to Rent Ratio
This week’s MBA Chart of the Week examines another metric from our PAPI dataset – the mortgage payment to rent ratio. The orange line relates the median principal and interest payment to the median asking rent, and the blue line relates the 25th percentile mortgage application payment to the median asking rent (that may be a more suitable ratio for first-time homebuyers).
MBA Weekly Survey Nov. 2, 2022: Applications Fall 6th Straight Week
Despite a slight drop in mortgage rates, mortgage applications fell for the sixth straight week, although refinance applications ticked up, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending October 28.