Mortgage Credit Availability Unchanged in February

Mortgage credit availability remained unchanged in February and held near its lowest level in six years, the Mortgage Bankers Association reported this morning.

Mortgage Credit Availability Unchanged in February

Mortgage credit availability remained unchanged in February and held near its lowest level in six years, the Mortgage Bankers Association reported this morning.

MBA Chart of the Week Mar. 5 2021: FHFA Purchase-Only Index

The rate of U.S. home-price appreciation continues to be driven higher by a combination of strong demand for housing and record-low housing inventory for sale. The Federal Housing Finance Agency’s most recent release showed the fourth quarter saw annual home-price growth of 10.9 percent –the strongest annual change on record. The previous high was an increase of 10.7 percent in third quarter 2005.

MBA Chart of the Week Mar. 5 2021: FHFA Purchase-Only Index

The rate of U.S. home-price appreciation continues to be driven higher by a combination of strong demand for housing and record-low housing inventory for sale. The Federal Housing Finance Agency’s most recent release showed the fourth quarter saw annual home-price growth of 10.9 percent –the strongest annual change on record. The previous high was an increase of 10.7 percent in third quarter 2005.

MBA Weekly Survey Mar. 3: Rates Up; So Are Applications

Mortgage interest rates jumped sharply last week, and mortgage applications increased as well, as some home buyers sensed the possible end of a good thing, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending February 26.

MBA Weekly Survey Mar. 3: Rates Up; So Are Applications

Mortgage interest rates jumped sharply last week, and mortgage applications increased as well, as some home buyers sensed the possible end of a good thing, the Mortgage Bankers Association reported this morning in its Weekly Mortgage Applications Survey for the week ending February 26.