Pending home sales drop, but there’s a silver lining
It’s like the Yogi Berra quote – nobody goes there anymore, it’s too crowded. For the fifth consecutive month, U.S. pending home sales dipped – this…
Category: Joel Kan
Texas storm deflates mortgage application numbers
Mortgage applications decreased 11.4% from one week earlier, according to data from the Mortgage Bankers Association’s weekly survey for the week ending Feb. 19. It’s…
Millennials are driving US home sales
Existing home sales rose for the second consecutive month, as January saw a seasonally-adjusted annual rate of 6.69 million purchases – up a robust 23.7%…
Mortgage applications dip as rates climb
The seesaw nature of mortgage applications continued for the week ending Feb. 5, as applications decreased 4.1% from the prior week, according to the latest…
It’s still really difficult to get a mortgage, but getting easier
Mortgage credit is still the tightest it has been in more than six years, but steady loosening in January revealed lenders are preparing for a…
Mortgage applications on the rise again
Mortgage applications jumped 8.15% from the week ending Jan. 29, breaking a two-week streak of decreases, according to the latest data from the Mortgage Bankers…
MBA: ‘Borrowers Are Increasingly More Sensitive to Higher Rates’
According to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 22, mortgage applications decreased 4.1 percent from…
MBA: ‘Borrowers Are Increasingly More Sensitive to Higher Rates’
According to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 22, mortgage applications decreased 4.1 percent from…