Mortgage Applications Dip in MBA Weekly Survey

Mortgage applications decreased slightly from one week earlier as key interest rates fell back below 4 percent, the Mortgage Bankers Association reported this morning in its Weekly Mortgage Applications Survey for the week ending November 1.

MBA Chart of the Week: Refinance Applications by Loan Size

We saw a downward turn in mortgage rates in late 2018, which started when there was a flight to quality in response to concerns about a slowdown in the global economy and trade tensions between the U.S. and China. The drop in mortgage rates led to a revival in the refinance market in 2019.

September Housing Starts Tumble, But Optimism Holds

Housing starts fell sharply in September, HUD and the Census Bureau reported yesterday, but single-family starts increased slightly, reflecting continued optimism among home builders.

Mortgage Applications Edge Up in MBA Weekly Survey

Mortgage applications inched up for the third straight week as key interest rates increased marginally, the Mortgage Bankers Association reported this week in its Weekly Mortgage Applications Survey for the week ending October 11.