The week after the holidays usually sees a sharp jump in mortgage applications activity, and last week was no exception, according to the Mortgage Bankers Association.
Tag: Joel Kan
MBA: December Mortgage Credit Availability Decreases by 3.5%
Mortgage credit availability fell in December for the first time in four months, the Mortgage Bankers Association reported this morning.
MBA: December Mortgage Credit Availability Decreases by 3.5%
Mortgage credit availability fell in December for the first time in four months, the Mortgage Bankers Association reported this morning.
December Report Caps Solid Year of Jobs, Wage Growth
Total nonfarm payroll employment rose by 145,000 in December, slightly lower than previous months, the Bureau of Labor Statistics reported Friday.
MBA Weekly Applications: A Tale of Two Surveys
Mortgage applications yo-yoed over the past two weeks, falling by 13 percent over the holiday break before regaining most ground the first week of January, the Mortgage Bankers Association reported this morning in its Weekly Applications Survey for the weeks ending Dec. 27, 2019 and Jan. 3.
MBA Chart of the Week: 30-Year Fixed Mortgage vs. 10-Year Treasuries
This week’s chart shows the narrowing of the spread between the 30-year fixed mortgage rate and the 10-year Treasury yield–from a high of 208 basis points in September to 183 basis points at the end of December.
MBA Chart of the Week: 30-Year Fixed Mortgage vs. 10-Year Treasuries
This week’s chart shows the narrowing of the spread between the 30-year fixed mortgage rate and the 10-year Treasury yield–from a high of 208 basis points in September to 183 basis points at the end of December.
MBA Chart of the Week: Homeowner Equity in Real Estate
In the third quarter, homeowners’ equity in real estate reached $18.7 trillion–continuing a run of consecutive quarterly increases dating back to 2012.
Mortgage Applications Down in MBA Weekly Survey
Mortgage applications fell from one week earlier as key interest rates hovered just under 4 percent, the Mortgage Bankers Association reported this morning in its Weekly Mortgage Applications Survey for the week ending December 13.
MBA: November Builder Applications Survey Up 27% from Year Ago; Down 17% from October
Mortgage applications for new home purchases increased 27.1 percent in November compared to a year ago, the Mortgage Bankers Association’s Builder Applications Survey reported Thursday.