In a move that could pose challenges for lenders that employ AI and algorithms to evaluate borrowers, federal housing officials are moving to rescind policies…
Posts published in “mortgage bankers association”
Demand for purchase loans was up for the third week in a row last week, even as mortgage rates surged to the highest level in…
Applications for purchase loans and refinancings climbed as mortgage rates eased to the lowest levels since early May, according to the Mortgage Bankers Association. Source:…
Demand for mortgages slipped last week as requests to refinance slowed, outweighing the impact of a slight increase in purchase loan applications. Source: Inman News
After adjusting for seasonal patterns, requests for purchase loans were down 3 percent from the week before and 2 percent from a year ago. Source:…
Demand for purchase mortgages was up a seasonally adjusted 2 percent from the week before but down slightly from a year ago. Source: Inman News
The MBA’s Weekly Mortgage Applications Survey showed requests for loans were up 2.1 percent on a seasonally adjusted basis during the week ending May 7…
About 2.1 million homeowners remain in forbearance, and close to half of those borrowers haven’t made a payment in more than a year. Source: Inman…
Applications for mortgage purchase loans fell for the second week in a row at the end of April, according to the Mortgage Bankers Association’s weekly…
The housing market continued to slow this week even as interest rates remain below 3 percent. MBA Economist Joel Kan explains why. Source: Inman…