Mortgage Applications Increase in Latest MBA Survey
Mortgage apps increased 3.9 percent for the week ending July 12, 2024
Mortgage apps increased 3.9 percent for the week ending July 12, 2024
Compared to April 2024, applications increased by 1 percent
Increases in the Mortgage Credit Availability Index are indicative of loosening credit
Despite high prices and rates, applications increased by 1 percent compared to February
The MBA estimates new single-family home sales were running at a seasonally adjusted annual rate of 689,000 units last month
MBA’s report found that total multifamily mortgage debt grew by $25 billion during the fourth quarter and by $88.5 billion ...
The Refinance Index increased 8 percent from the previous week and was 2 percent lower than the same week one ...
The average 30-year conforming rate stood at 7.04 percent for the week ending February 23
On a quarterly basis, loan originations were up 131 percent for hotel properties
A rates continue to tick up, mortgage applications have now decreased for three consecutive weeks
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