The recent increase in the adjustable-rate mortgage share of applications has caught the attention of market participants and the media. The ARM share has increased from 3.1 percent in the first week of January to 10.3 percent as of the week ending May 13, peaking at 10.8 percent the week prior.
Tag: Joel Kan
Existing Home Sales Fall to Near 2-Year Low
Existing home sales fell for the third straight month, the National Association of Realtors reported Thursday, to their lowest level since June 2020.
MBA Builder Apps Survey Shows Monthly, Yearly Declines
Mortgage applications for new home purchases in April fell by 14 percent from March and by 10.6 percent from a year ago, the Mortgage Bankers Association reported Thursday.
MBA Builder Apps Survey Shows Monthly, Yearly Declines
Mortgage applications for new home purchases in April fell by 14 percent from March and by 10.6 percent from a year ago, the Mortgage Bankers Association reported Thursday.
Highlights of MBA’s Revised May Forecasts
The Mortgage Bankers Association this week released its revised monthly Economic Forecast and monthly Mortgage Finance Forecast. Here are highlights and commentary from MBA Associate Vice President of Economic and Industry Forecasting Joel Kan:
MBA Weekly Applications Survey May 18, 2022: Higher Rates Discourage Borrowers
Mortgage applications fell for the first time in three weeks as interest rates hovered near 13-year highs, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending May 13.
MBA Weekly Applications Survey May 18, 2022: Higher Rates Discourage Borrowers
Mortgage applications fell for the first time in three weeks as interest rates hovered near 13-year highs, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending May 13.
Highlights of MBA’s Revised May Forecasts
The Mortgage Bankers Association this week released its revised monthly Economic Forecast and monthly Mortgage Finance Forecast. Here are highlights and commentary from MBA Associate Vice President of Economic and Industry Forecasting Joel Kan:
MBA Weekly Applications Survey May 11, 2022: Winning Streak at 2
Mortgage applications posted rare back-to-back weekly increases despite interest rates hitting a 13-year high, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending May 6.
MBA Weekly Applications Survey May 11, 2022: Winning Streak at 2
Mortgage applications posted rare back-to-back weekly increases despite interest rates hitting a 13-year high, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending May 6.