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.
Tag: Joel Kan
MBA Chart of the Week: MBA Builder Applications Survey vs. Census New Home Sales
According to data from the MBA Builder Applications Survey, new home purchase activity fell in September but remained higher than a year ago, continuing a trend where purchase demand for new homes for sale this year have consistently outpaced year ago levels.
MBA Chart of the Week: MBA Builder Applications Survey vs. Census New Home Sales
According to data from the MBA Builder Applications Survey, new home purchase activity fell in September but remained higher than a year ago, continuing a trend where purchase demand for new homes for sale this year have consistently outpaced year ago levels.
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.
MBA: September New Home Purchase Applications Down 8% from August, Up 34% from Year Ago
Mortgage applications for new home purchases in September fell by 8 percent from August but jumped by 34.2 percent from a year ago, the Mortgage Bankers Association reported this morning.
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.