Items Tagged with 'Mortgage Bankers Association'


MBA: Mortgage applications rise three weeks straight

Rates continue to trend lower
It was another strong week for mortgages, with applications rising and mortgage rates falling. In this week’s data, the average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($417,000 or less) reached its lowest level since October 2015.
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[chart] MBA: How will oil concerns impact housing?

Here are employment trends in oil states
As concerns over falling oil prices start to plague housing, the Mortgage Bankers Association’s latest chart of the week examined the 2015 trend in employment in several states reliant on oil production to help put in perspective the potential impact to the housing market.
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MBA adds 25 new members in November and December

Growth of Mortgage Bankers Association continues
The Mortgage Bankers Association announced that it added 25 new members in the months of November and December, as it continues to push its membership beyond 2,200 organizations. Here are the new members.
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Proof the housing market can survive a Fed interest rate hike

The reason behind the drop in mortgage apps
Although mortgage applications significantly tumbled this week, the Federal Reserve’s recent interest rate hike is not to blame. The market was ready and prepared for that shock. Instead, this Capital Economics report gives a new explanation, with a positive outlook for housing this year.
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MBA: Mortgage applications plummet 27%

Results include adjustment for the holidays
Looking at the closing data for 2015, the Mortgage Bankers Association’s Weekly Mortgage Applications Survey reported that mortgage applications ended the year significantly lower, falling 27%.
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MBA: Mortgage applications jump 7.3%

Purchase and refinance applications both rise
After two weeks of remaining relatively stagnant, mortgage applications rose by more than 7% or the week ending Dec. 18, the latest data from the Mortgage Bankers Association showed.
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