Quote: Nov. 27, 2023

“Those who are sidelined by high prices and rates not only can’t afford a home now, but they’re not building wealth through homeownership for the future.”
–Redfin Senior Economist Sheharyar Bokhari

Quote: Nov. 22, 2023

“Most mortgage rates in our survey decreased, with the 30-year fixed mortgage rate
decreasing to 7.41 percent, the lowest rate in two months.”
–Joel Kan, MBA’s Vice President and Deputy Chief Economist.

MBA Weekly Survey June 7, 2023: Applications Decrease

Mortgage applications decreased 1.4 percent from one week earlier, according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending June 2, 2023.