Mortgage applications fell slightly even as key interest rates remained below 3 percent, the Mortgage Bankers Association reported this morning in its Weekly Mortgage Applications Survey for the week ending November 13.
Tag: Joel Kan
October New Home Purchase Mortgage Applications Post Strong Monthly, Yearly Gains
The Mortgage Bankers Association reported October mortgage applications for new home purchases increased by 5 percent from September and by nearly 33 percent from a year ago.
MBA Chart of the Week: Percentage of Cumulative Weekly Forbearance Exits by Reason
According to the latest edition of MBA’s Weekly Forbearance and Call Volume Survey, the share of loans in forbearance dropped to 5.67 percent of servicers’ portfolio volume as of November 1 — well below its peak of 8.55 percent as of June 7.
MBA Chart of the Week: Percentage of Cumulative Weekly Forbearance Exits by Reason
According to the latest edition of MBA’s Weekly Forbearance and Call Volume Survey, the share of loans in forbearance dropped to 5.67 percent of servicers’ portfolio volume as of November 1 — well below its peak of 8.55 percent as of June 7.
October Mortgage Credit Availability Shows Improvement
Mortgage credit availability increased in October after falling to a six-year low in September, the the Mortgage Bankers Association reported this morning.
October Mortgage Credit Availability Shows Improvement
Mortgage credit availability increased in October after falling to a six-year low in September, the the Mortgage Bankers Association reported this morning.
Mortgage Applications Mixed Despite Record-Low Rates
Despite record-low mortgage rates, mortgage applications fell by 0.5 percent from one week earlier, the Mortgage Bankers Association reported this morning in its Weekly Mortgage Applications Survey for the week ending November 6.
Mortgage Applications Mixed Despite Record-Low Rates
Despite record-low mortgage rates, mortgage applications fell by 0.5 percent from one week earlier, the Mortgage Bankers Association reported this morning in its Weekly Mortgage Applications Survey for the week ending November 6.
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 3.8 percent for the week ending October 30, 2020 compared to one week earlier, the Mortgage Bankers Association reported this morning.
MBA Chart of the Week: Indexed Levels of GDP
This week’s chart compares the 2008-2010 Great Recession (left), to the recent pandemic-driven recession (right), to illustrate the differences in consumer spending and in both nonresidential and residential investment.