HUD and the Census Bureau reported privately owned housing starts in February fell slightly to a seasonally adjusted annual rate of 1.599 million—a not discouraging number, analysts said, ahead of the yet-to-be-seen impact of the coronavirus pandemic.
Tag: Joel Kan
Mortgage Applications Down in MBA Weekly Survey
It seemed inevitable: after a huge 55 percent jump last week—and a sharp increase in mortgage interest rates in recent days—mortgage applications really had no place to go but down this week.
Mortgage Applications Down in MBA Weekly Survey
It seemed inevitable: after a huge 55 percent jump last week—and a sharp increase in mortgage interest rates in recent days—mortgage applications really had no place to go but down this week.
MBA: February New Home Purchase Mortgage Applications Up 26% From Year Ago
Despite falling by 1 percent from January, mortgage applications for new home purchases increased by nearly 26 percent from a year ago, the Mortgage Bankers Association reported this morning.
MBA: February New Home Purchase Mortgage Applications Up 26% From Year Ago
Despite falling by 1 percent from January, mortgage applications for new home purchases increased by nearly 26 percent from a year ago, the Mortgage Bankers Association reported this morning.
MBA Chart of the Week: Refinance Index and 30-Year Fixed Mortgage Rate
Treasury rates and mortgage rates have fallen to historic lows, driven down by the market turmoil and volatility caused by the uncertainty around the spread of the coronavirus.
MBA Chart of the Week: Refinance Index and 30-Year Fixed Mortgage Rate
Treasury rates and mortgage rates have fallen to historic lows, driven down by the market turmoil and volatility caused by the uncertainty around the spread of the coronavirus.
The Week Ahead
Welcome to our new dystopian reality: life as we know it has been suspended indefinitely.
MBA Doubles 2020 Refinance Forecast
The Mortgage Bankers Association this week issued its revised Mortgage Finance Forecast and Economic Forecast, in which MBA doubled its previous 2020 refinance mortgage originations projections.
Mortgage Applications Blast Off in MBA Weekly Survey
The lowest interest rates in eight years sent refinance applications soaring last week, the Mortgage Bankers Association reported this morning in its Weekly Mortgage Applications Survey for the week ending March 6.