Articles Recently Tagged: Mortgage Bankers Association

(4 posts)

Mortgage Loan Application Volumes Tick Back Up

Having slipped over the previous two holiday weeks, purchase mortgage loan activity across the U.S. ticked up 8 percent over the past week and was 10 percent higher than at the same time last year, according to the Mortgage Bankers Association. And with the benchmark 30-year mortgage rate having... Read More »

Mortgage Loan Application Volumes in the U.S. Slip

With pending home sales activity in the U.S. having started to slip at the end of last year, mortgage loan application volumes have slipped as well, with application volumes for purchase loans down 0.8 percent on a seasonally and holiday adjusted basis over the past two weeks, with a... Read More »

Home Purchase Activity Ticks Up, Refinancing Activity Slips

With the benchmark mortgage rate having dropped to an all-time low of 3.23 percent last week, mortgage application volume in the U.S. inched up 1.0 percent over the past week, with refinancing activity having actually slipped 2 percent and purchase activity having ticked up 6 points, according to the... Read More »

Lending Standards Loosening, More Jumbo ARMs In The Market

The availability of mortgage credit is increasing, driven by a rise in the number of jumbo Adjustable Rate Mortgage programs in the market, according to the Mortgage Bankers Association’s latest Mortgage Credit Availability Index. In addition, minimum credit scores and maximum loan-to-value ratios for FHA and VA loans have... Read More »