Delivered to over
70,000+ industry professionals
each day, the Daily Newsletter is the
definitive recap of the day's most
relevant mortgage and real estate news and data. View the latest Newsletter below.
View our most recent newsletter below, or use the date selector to view past newsletters.
Mortgage application volume was relatively flat as the nation eased into the holiday season. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of that volume, rose 1.1 percent on a seasonally adjusted basis during the week ended December 11. On an unadjusted basis the increase was 0.4 percent. The Refinance Index increased 1.0 percent from the previous week and was 105 percent higher than the same week one year ago. The refinance share of mortgage activity increased to 72.7 percent of total applications from 72.0 percent the previous week. The Purchase Index rose 2.0 percent on both an adjusted and an unadjusted basis. Volume was 26 percent higher than during the same week in 2019. Refi Index vs 30yr Fixed Purchase Index vs 30yr Fixed " U.S. Treasury rates stayed
Housing News
|
|
Mortgage application volume was relatively flat as the nation eased into the holiday season. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of that volume, rose 1.1 percent on a seasonally adjusted basis during the ... (read more)
|
|
Housing News
|
|
After setting successive survey highs in September, October, and November, the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) retreated a bit this month. The HMI, which is a measure of home builder confidence in t... (read more)
|
|
Housing News
|
|
The Mortgage Bankers Association (MBA) says applications for new home purchases suffered a significant downturn in November but remain well above the level of activity at the same time in 2019. MBA's Builder Application Survey (BAS) shows a 16 percen... (read more)
|
|
Mortgage Rate Watch
|
|
Mortgage rates were mixed today, depending on the lender. The bond market--the driving force behind interest rate movement--was stronger yesterday. Many mortgage lenders thought it was strong enough to justify mid-day improvements in mortgage rates. ... (read more)
|
|
Rob Chrisman
|
|
“We were so poor when I was a kid that we couldn’t afford tinsel. We had to wait for Grandpa to sneeze.” At the opposite end of the economic spectrum, these NBA players had some fun with Jingle Bells . Athletes like NBA players file... (read more)
|
|
MBS Commentary
|
|
Fed Abstains From Bond-Buying Change, But Powell Delivers
Speculation about whether or not the Fed would make a bond buying change at the December meeting is now behind us. The Fed changed almost nothin... (read more)
|
|
|
|
|