The Weekly Mortgage Application Survey ending June 9, 2017 has shown an increase in the mortgage applications by 2.8 percent from the previous week. This survey is conducted by the Mortgage Bankers Association (MBA) on a week-over-week basis.It covers 75 percent of the overall retail residential Read more
Which Mortgage Credit Is Most Available to Borrowers in May?
The Mortgage Bankers Association (MBA) released the results of its report measuring the level of mortgage credit availability for the month of May.There was an overall decline in mortgage credit availability index (MCAI) as lending standards tightened last month. The side of government mortgages Read more
Overall Mortgage Production Volume Falls in Q1 2017
Banks and mortgagors made less profit in the first quarter of 2017 compared to the previous quarter of 2016. In the recent Quarterly Mortgage Bankers Performance Report by Mortgage Bankers Association, it was found out that production profitability decreased by more than half than the previous Read more
Mortgage Starts Drop in April
According to the new Builder Applications Survey by the Mortgage Bankers Association, new home purchase applications declined in April, a year-over-year decrease of 4.3 percent. It is also a staggering 20 percent down from last month. A first After the streak of increases from the previous months, Read more
Mortgage Loan Applications Rose by 2.4 Percent
The Weekly Mortgage Application Survey of the Mortgage Bankers Association showed some promise as the loan applications volume increased on the seasonally adjusted basis last week ending May 5.The home purchase and refinance industries have shown an upswing according to the latest Read more
