Homebuyer affordability declined in January, with the national median payment applied for by purchase applicants increasing 2.3 percent to $1,964 from $1,920 in December 2022, the Mortgage Bankers Association reported.
Tag: Purchase Applications
MBA Chart of the Week Mar. 11, 2022: MBA Weekly Applications Survey Purchase Loan Size
With increasing home prices, it is instructive to understand how home purchase mortgage origination amounts have increased. In this week’s MBA Chart of the Week, we examine how the loan size for fixed-rate 30-year purchase mortgage applications has changed since 2015 using MBA’s Weekly Applications Survey data.
MBA Chart of the Week: Home Purchase Applications By Loan Size
This week’s MBA Chart of the Week examines year-over-year growth in purchase loan applications by loan size since 2018.
MBA Chart of the Week: Home Sales and Purchase Applications
As the U.S. economy works its way through the current pandemic and recession, housing has been a clear bright spot in an otherwise dire time. This week’s chart highlights the “V” shaped recovery exhibited by various measures of housing health.
MBA Chart of the Week: Year over Year Change in Purchase Applications
According to data from MBA’s State Monthly Activity Report (SMAR), purchase applications grew for 14 consecutive months until the impacts of COVID-19 slowed activity to a 2 percent decline in March. Most of the decline was likely in the last two weeks of the month, when many states enacted restrictions on non-essential business and social activity.
MBA Chart of the Week: Year over Year Change in Purchase Applications
According to data from MBA’s State Monthly Activity Report (SMAR), purchase applications grew for 14 consecutive months until the impacts of COVID-19 slowed activity to a 2 percent decline in March. Most of the decline was likely in the last two weeks of the month, when many states enacted restrictions on non-essential business and social activity.
Mortgage Applications Up Again in MBA Weekly Survey
Mortgage applications rose for the third straight week, continuing a solid start to the new year despite a slight increase in interest rates, the Mortgage Bankers Associations morning in its Weekly Mortgage Applications Survey for the week ending February 7.
Mortgage Applications Decrease in MBA Weekly Survey
What goes up, must come down. Following a stellar start to the month last week, in which mortgage applications jumped by more than 30 percent after the New Year’s holiday, the pendulum swung back slightly.
Mortgage Applications Decrease in MBA Weekly Survey
What goes up, must come down. Following a stellar start to the month last week, in which mortgage applications jumped by more than 30 percent after the New Year’s holiday, the pendulum swung back slightly.
After Holiday Break, Mortgage Applications Soar in MBA Weekly Survey
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.