You Searched For "Mortgage Bankers Association" and got 20 results
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1 min read
Commercial mortgage lending to jump 29% in 2024 after slowest year in a decade, Mortgage Bankers Association says
Last year's estimated $444 billion in commercial lending could mark the lowest level in a decade, t…
Filip De Mott
1 min read
Mortgage applications rise for the first time in 6 weeks as buyers hurry into the housing market before the Fed's next rate hike
Mortage applications rose 3.8% after plunging 29% in the prior week, underscoring housing-market vo…
Carla Mozée
2 mins read
US mortgage rates fall to a record low for the 3rd time since March
"The housing market is continuing its path to recovery as various states reopen, leading to more bu…
Carmen Reinicke
2 mins read
Mortgage rates will fall to 5.4% as a recession is likely to hit the US economy in 2023, Mortgage Bankers Association says
As the economy slows with a looming recession next year, mortgage rates will fall from their near-7…
Zahra Tayeb
3 mins read
Mortgage rates will drop to 5.2% this year despite the uptick this month, said a top economist
Mortgage bankers whose businesses have slowed this year are hanging their hats on a rate drop, but …
Alcynna Lloyd
2 mins read
Mortgage applications rebounded sharply last week as homebuyers returned to the market
"Applications for home purchases continue to recover from April's sizable drop" and have increased …
Carmen Reinicke
1 min read
The chance of a US recession in the next 12 months is a 'coin flip,' says Mortgage Bankers Association
"We expect inflation to end the year at around 6% before declining to a 2% to 2.5% range in 2023 an…
Phil Rosen
1 min read
Applications to purchase a home are 18% higher than a year ago as buyers rush back to the market
"The pent-up demand from homebuyers returning to the market continues to support a recovery," said …
Carmen Reinicke
1 min read
Home affordability got even worse last month as the average payment on a new mortgage jumped
The median new mortgage payment rose about 1% last month, a sign that affordability is getting even…
Jennifer Sor
1 min read
Mortgage demand slides 29% from a year ago as rates shoot up to a 14-year high
The 30-year fixed mortgage rate rose to 6.01%, the first time since 2008 that it's pushed beyond 6%…
Carla Mozée
2 mins read
US 30-year mortgage rate falls to 2.88%, hitting a record low for the 8th time this year
The record low gives "potential buyers more purchasing power" and strengthens demand, said Sam Khat…
Carmen Reinicke
1 min read
Mortgage applications fall to lowest level in nearly 30 years as rates edge higher
Mortgage loan applications fell 6% over the last week, the MBA reported on Wednesday, a sign housin…
Jennifer Sor
2 mins read
Freddie Mac's 30-year mortgage rate hit its 4th all-time low since March
"Mortgage rates have hit another record low due to declining inflationary pressures, putting many h…
Carmen Reinicke
2 mins read
Mortgage rates drop to a 2-month low as the US job market shows signs of slowing
The 30-year fixed rate fell to 6.30% in the week that ended April 7 from 6.40% in the prior week, t…
Carla Mozée
2 mins read
Mortgage rates keep falling but applications for home loans are down because listings are drying up
The 30-year fixed mortgage rate fell to 6.40% from 6.45% in the last week of March, but homebuyers …
Carla Mozée
1 min read
Mortgage rates fall below 7% in the largest weekly drop since July as inflationary pressures ease
The average interest rate on a 30-year fixed-rate mortgage has fallen to 6.9% from 7.14%, the Mortg…
Carla Mozée
1 min read
Mortgage demand hits a 22-year low as climbing rates and surging inflation weigh on US housing market
Mortgage rates have nearly doubled this year, sending mortgage applications and refinancing demand …
Jennifer Sor
2 mins read
Weekly applications to buy a home jump 12%, showing signs of consumer confidence
The 10 largest states had increases in purchase activity, potentially a sign an upturn in spring ho…
Carmen Reinicke
1 min read
Homebuyers are flocking to the housing market, pushing mortgage applications up 13% on the year as the recovery gains steam
Applications were fueled by low mortgage rates, pent-up demand from earlier in the spring, and stat…
Carmen Reinicke
1 min read
Mortgage refinances surge 79%, most since financial crisis, as people rush to capitalize on low interest rates
In light of the current interest rate environment, the MBA has significantly increased its forecast…