Follow Me on Twitter

Mortgage Loan Delinquency Rate Decreased for 5th Consecutive Quarter; Mortgage Loan Demand down as well

The national mortgage delinquency rate for homeowners that are 60 or more days past due decreased in the first quarter of 2011 marking the fifth consecutive quarterly decline according to a report released today by TransUnion. The report shows mortgage delinquencies for the first quarter of 2011 were down 3.4 percent from the [...]

Home Purchase Mortgage Activity Increases; Interest rates decline to lowest rate since last year

According to the Mortgage Bankers Association (MBA) weekly mortgage applications survey released this morning, for the week ending March 18, 2011, the MBA Purchase Index (a measure of the volume of loan applications related to a home purchase) increased 6.7 percent from the week before. The four-week moving average for the index is up [...]

Home Purchase Mortgage Activity Increases Slightly; Interest rates decline to lowest rate since last year

According to the Mortgage Bankers Association (MBA) weekly mortgage applications survey released this morning, for the week ending April 29, 2011, the MBA Purchase Index (a measure of the volume of loan applications related to a home purchase) increased 0.3 percent from the week before. The four-week moving average for the index is down [...]

Home Purchase Mortgage Activity Increases to Highest Level in Over Four Months; Interest rates decline

According to the Mortgage Bankers Association (MBA) weekly mortgage applications survey released this morning, for the week ending April 15, 2011, the MBA Purchase Index (a measure of the volume of loan applications related to a home purchase) increased 10.0 percent from the week before to its highest level since December 3, 2010. The [...]

Home Purchase and Refinance Mortgage Activity Drops; Interest rates rise for fourth week in a row

According to the Mortgage Bankers Association (MBA) weekly mortgage applications survey released this morning, for the week ending April 8, 2011, the MBA Purchase Index (a measure of the volume of loan applications related to a home purchase) decreased 4.7 percent from the week before. The four-week moving average for the index is up [...]

Home purchase mortgage applications increase to highlest level for the year; interest rates hold steady

According to the Mortgage Bankers Association (MBA) weekly mortgage applications survey released this morning, for the week ending April 1, 2011, the MBA Purchase Index (a measure of the volume of loan applications related to a home purchase) increased 6.7 percent from the week before bringing it to the highest level this year thus [...]

Home purchase mortgage applications increased slightly; interest rates hold steady

According to the Mortgage Bankers Association (MBA) weekly mortgage applications survey released this morning, for the week ending March 18, 2011, the MBA Purchase Index (a measure of the volume of loan applications related to a home purchase) increased 2.7 percent from the week before. The four-week moving average for the index is up [...]

Home purchase mortgage applications decline; interest rates drop

According to the Mortgage Bankers Association (MBA) weekly mortgage applications survey released this morning, for the week ending March 11, 2011, the MBA Purchase Index (a measure of the volume of loan applications related to a home purchase) decreased 4.0 percent from the week before. The four-week moving average for the index is up [...]

Home purchase and refinance mortgage applications jump; interest rates tick up

According to the Mortgage Bankers Association (MBA) weekly mortgage applications survey released this morning, for the week ending March 4, 2011, the MBA Purchase Index (a measure of the volume of loan applications related to a home purchase) increased 12.5 percent from the week before. The four-week moving average for the index is up [...]

Home purchase and refinance mortgage applications decrease even as rates drop back below 5 percent

According to the Mortgage Bankers Association (MBA) weekly mortgage applications survey for the week ending February 25, 2011, the MBA Purchase Index (a measure of the volume of loan applications related to a home purchase) decreased 6.1 percent from the week before. The four-week moving average for the index is down 2.2 percent.

[...]

Mortgage loan delinquency hits 2 year low; foreclose rate ties highest on record

The Mortgage Bankers Association released the results of it’s National Delinquency Survey for the 4th quarter of 2010 and it shows very mixed results.  On the positive side of things, overall mortgage loan delinquency in the U.S. has dropped to 8.22 percent which is the lowest rate since 4th quarter 2008 when the rate was [...]

Home purchase and refinance mortgage applications decrease

According to the Mortgage Bankers Association (MBA) weekly mortgage applications survey for the week ending February 1, 2011, the MBA Purchase Index (a measure of the volume of loan applications related to a home purchase) decreased 5.9 percent from the week before. The four-week moving average for the index is down 1.9 percent.

[...]

Home purchase mortgage applications decrease; interest rates on the rise

According to the Mortgage Bankers Association (MBA) weekly mortgage applications survey for the week ending February 4, 2011, the MBA Purchase Index (a measure of the volume of loan applications related to a home purchase) decreased 1.4 percent from the week before. The four-week moving average for the index is down 0.8 percent.

[...]

Home purchase mortgage applications increase; interest rates still look great

According to the Mortgage Bankers Association (MBA) weekly mortgage applications survey for the week ending January 28, 2011, the MBA Purchase Index (a measure of the volume of loan applications related to a home purchase) increased 9.5 percent from the week before.

[...]

Home purchase mortgage applications decrease and so do interest rates

According to the Mortgage Bankers Association (MBA) weekly mortgage applications survey for the week ending January 7, 2011, the MBA Purchase Index (a measure of the volume of loan applications related to a home purchase) decreased 3.7 percent from the week before.

[...]

Home purchase mortgage applications decrease slightly; refinance activity ticks up slightly

According to the Mortgage Bankers Association (MBA) weekly mortgage applications survey for the week ending December 31, 2010, the MBA Purchase Index (a measure of the volume of loan applications related to a home purchase) decreased 0.8 percent from the week before.

[...]

Home purchase mortgage applications decrease; refinance activity plummets

According to the Mortgage Bankers Association (MBA) weekly mortgage applications survey for the week ending December 10, 2010, the MBA Purchase Index (a measure of the volume of loan applications related to a home purchase) decreased 2.5 percent from the week before. The four-week moving average of home purchase mortgage applications is down 1.2 [...]

Home purchase mortgage applications decrease; interest rates on the rise

According to the Mortgage Bankers Association (MBA) weekly mortgage applications survey for the week ending December 10, 2010, the MBA Purchase Index (a measure of the volume of loan applications related to a home purchase) decreased 5.0 percent from the week before. The four-week moving average of home purchase mortgage applications is up 2.6 [...]

Home purchase mortgage applications increase hitting 7 month high

According to the Mortgage Bankers Association (MBA) weekly mortgage applications survey for the week ending December 3, 2010, the MBA Purchase Index (a measure of the volume of loan applications related to a home purchase) increased 1.8 percent from the week before. The four-week moving average of home purchase mortgage applications is up 2.8 [...]

Home purchase mortgage applications increase as do interest rates for the week

According to the Mortgage Bankers Association (MBA) weekly mortgage applications survey for the week ending November 26, 2010, the MBA Purchase Index (a measure of the volume of loan applications related to a home purchase) increased 1.1 percent from the week before. The four-week moving average of home purchase mortgage applications is up 3.8 [...]

Home purchase mortgage applications jump as home buyers come to life

According to the Mortgage Bankers Association (MBA) weekly mortgage applications survey for the week ending November 19, 2010, the MBA Purchase Index (a measure of the volume of loan applications related to a home purchase), after taking a dip last week following increases for the prior three consecutive weeks, increased 14.4 percent from the [...]

Home purchase mortgage applications decline as interest rates jump

According to the Mortgage Bankers Association (MBA) weekly mortgage applications survey for the week ending November 12, 2010, the MBA Purchase Index (a measure of the volume of loan applications related to a home purchase) after increasing three-c0nsecutive weeks, decreased 5.0 percent from the week before. The four-week moving average of home purchase mortgage [...]

Mortgage Bankers Cautions Against Cutting Back Mortgage Interest Deduction

Dennis Norman

Last week the co-chairs of the National Commission on Fiscal Responsibility and Reform (the group that is supposed to figure out how to rescue our country out of the financial quicksand it’s in) issued a draft proposal of a plan the committee says “will make America better off tomorrow than it is [...]

Home purchase mortgage applications increase for third consecutive week; interest rates hold steady

Dennis Norman

According to the Mortgage Bankers Association (MBA) weekly mortgage applications survey for the week ending November 5, 2010, the MBA Purchase Index (a measure of the volume of loan applications related to a home purchase) increased 5.5 percent from the week before marking the third consecutive weekly increase. The four-week moving average [...]

Home purchase mortgage applications increase; refinance activity drops for third-straight week

Dennis Norman

According to the Mortgage Bankers Association (MBA) weekly mortgage applications survey for the week ending October 29, 2010, the MBA Purchase Index (a measure of the volume of loan applications related to a home purchase) increased 1.4 percent from the week. The four-week moving average of home purchase mortgage applications is down [...]

Home purchase mortgage applications increase as interest rates fall slightly

Dennis Norman

According to the Mortgage Bankers Association (MBA) weekly mortgage applications survey for the week ending October 22, 2010, the MBA Purchase Index (a measure of the volume of loan applications related to a home purchase) increased 3.9 percent from the week. The four-week moving average of home purchase mortgage applications is down [...]

Home purchase mortgage applications drop; interest rates creep up slightly

Dennis Norman

According to the Mortgage Bankers Association (MBA) weekly mortgage applications survey for the week ending October 15, 2010, the MBA Purchase Index (a measure of the volume of loan applications related to a home purchase) decreased 6.7 percent from the week. The four-week moving average of home purchase mortgage applications is down [...]

Mortgage Bankers urge Feds not to ban all private transfer fees

Dennis Norman

In a letter to the Federal Housing Finance Agency, John A. Courson, the President and Chief Executive Officer of the Mortgage Bankers Association (MBA) said that the MBA “opposes the practice of private third parties, such as developers, builders, licensing companies and real estate brokers, imposing private transfer fee covenants on residential real estate for the purpose of [...]

Home purchase mortgage applications drop but refinancing surges

Dennis Norma

According to the Mortgage Bankers Association (MBA) weekly mortgage applications survey for the week ending October 8, 2010, the MBA Purchase Index (a measure of the volume of loan applications related to a home purchase) decreased 8.5 percent from the week. The four-week moving average of home purchase mortgage applications is down [...]

Home purchase mortgage applications jump to highest level since tax credits

 

Dennis Norma

According to the Mortgage Bankers Association (MBA) weekly mortgage applications survey for the week ending October 1, 2010, the MBA Purchase Index (a measure of the volume of loan applications related to a home purchase) increased 9.3 percent from the week before reaching it’s highest level since May 7, 2010.  The [...]