As Mortgage Rates Rise, Housing Affordability the Worst in Years
By three different measures, the cost of buying a home in America is going through the roof – so high that one analysis says housing affordability is the worst it’s been since 2006. Calculations Zillow released earlier this month estimate the monthly mortgage...
Mortgage Apps Plunged as Coronavirus Hit in Force
Last week was the first where the coronavirus suddenly became very real for much of America, and it shows in mortgage application data from the Mortgage Bankers Association. Mortgage application volume decreased 29.4 percent on a seasonally adjusted basis from one...
Nationwide Mortgage, Refi Applications Jump 22 Percent in One Week
Mortgage applications increased 21.7 percent nationwide from one week earlier in the wake of the Federal Reserve’s rate cut, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Aug. 9. The...
Refinancing Activity Soars as Mortgage Rates Decline
Mortgage applications and refinancing activity across the country soared at the end of March as mortgage rates continued to fall, according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending March 29, 2019. Mortgage...This Week’s Paper: Digital Edition
