This week’s MBA Chart of the Week captures data on new residential construction market and the state of new single-family home sales.
Tag: Mike Fratantoni
MBA Weekly Survey Jan. 18, 2023: Lowest Rates in 5 Months Spark Jump in Applications
Mortgage rates fell sharply again last week—to their lowest levels since September—and borrowers jumped at the opportunity, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending January 13.
MBA Weekly Survey Jan. 18, 2023: Lowest Rates in 5 Months Spark Jump in Applications
Mortgage rates fell sharply again last week—to their lowest levels since September—and borrowers jumped at the opportunity, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending January 13.
MBA Chart of the Week Jan. 13, 2023: Mortgage-Treasury Spread
This week’s MBA Chart of the Week looks at the spread of mortgage rates relative to Treasury yields. This has been one of the more puzzling aspects of the current environment and a contributor to the rapid rise in mortgage rates over the past year.
MBA Chart of the Week Jan. 13, 2023: Mortgage-Treasury Spread
This week’s MBA Chart of the Week looks at the spread of mortgage rates relative to Treasury yields. This has been one of the more puzzling aspects of the current environment and a contributor to the rapid rise in mortgage rates over the past year.
2022 Jobs Finish on Strong Note
Although nonfarm payroll employment slowed toward the end of the year, it finished on a strong, steady pace, the Bureau of Labor Statistics reported Friday.
MBA Chart of the Week: New, Existing Home Sales
We are forecasting a weak start to 2023 for the housing market. Driven by a recession in the first half of the year and a continuation of the trends outlined above, we expect a 13% drop in existing home sales and a 4% decrease in new home sales for 2023, following 16% decreases in both segments in 2022.
MBA Chart of the Week: New, Existing Home Sales
We are forecasting a weak start to 2023 for the housing market. Driven by a recession in the first half of the year and a continuation of the trends outlined above, we expect a 13% drop in existing home sales and a 4% decrease in new home sales for 2023, following 16% decreases in both segments in 2022.
MBA Weekly Survey Dec. 21, 2022: Falling Rates Boost Refis for 2nd Straight Week
The lowest interest rates since September spurred an uptick in refinance activity for the second straight week, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending December 16.
MBA Weekly Survey Dec. 21, 2022: Falling Rates Boost Refis for 2nd Straight Week
The lowest interest rates since September spurred an uptick in refinance activity for the second straight week, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending December 16.