MBA Weekly Survey Jan. 11, 2023: Rates Down, Refis Up

Mortgage rates fell sharply last week, and borrowers—particularly those looking to refinance—took advantage, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending January 6. 

MBA Weekly Survey Jan. 11, 2023: Rates Down, Refis Up

Mortgage rates fell sharply last week, and borrowers—particularly those looking to refinance—took advantage, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending January 6. 

November Mortgage Application Payments Fall 1.8% to $1,977

Homebuyer affordability improved in November, with the national median payment applied for by mortgage applicants decreasing 1.8 percent to $1,977 from $2,012 in October, according to the Mortgage Bankers Association’s Purchase Applications Payment Index.

MBA Weekly Survey Dec. 7, 2022: Applications Down 2nd Straight Week

Mortgage applications fell by nearly 2 percent last week, although falling interest rates sparked an uptick in refinance applications, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending December 2.