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News stories about Mortgage Bankers Association

Jul 17, 2019  14:45 ET
African American borrowers face additional obstacles
A June 2019 study from housing-research company Clever Real Estate uncovered data that suggests African American borrowers are facing discriminatory conditions. Even when controlling for...
Jan 30, 2019  7:50 ET
Mortgage applications fall
Mortgage applications fell last week on an uptick in rates, the Mortgage Bankers Association (MBA) reported. MBA’s adjusted composite index was down 3 percent for the week ending Jan. 25...
Dec 20, 2018  13:40 ET
Key rates remain stable
Long-term fixed mortgage rates were essentially unchanged last week after falling steeply a week earlier, Freddie Mac reported. As of Thursday, the 30-year fixed rate averaged 4.62 percen...
Dec 13, 2018  13:40 ET
Mortgage lender pessimism runs high
The profit outlook for mortgage lenders hit a five-year low this quarter as companies have been squeezed by fierce competition for a shrinking pool of borrowers, Fannie Mae’s lender sentiment survey...
Dec 12, 2018  9:30 ET
Refinance activity perks up on lower rates
Mortgage applications picked up last week after a decline in rates, the Mortgage Bankers Association (MBA) reported. For the week ending Dec. 7, MBA’s composite index rose 1.6 percent fr...
Dec 6, 2018  9:20 ET
Mortgage credit loosens in November
Lenders made mortgage credit more readily available in November, reaching down to attract more first-time borrowers, according to the Mortgage Bankers Association. “There were more mortg...
Nov 29, 2018  11:20 ET
Nonbank profits per loan sink in Q3
Nonbank mortgage profits continue to suffer as a result of the downturn in refinancing business, stiff competition for customers and higher costs, new tracking data suggests. Nonbanks rea...
Nov 28, 2018  9:15 ET
Mortgage activity increases around holiday
Mortgage application activity picked up around the Thanksgiving holiday, the Mortgage Bankers Association (MBA) reported. MBA’s composite index increased by 5.5 percent for the week endin...
Nov 16, 2018  10:05 ET
Mortgage applications for new homes fall in October
Mortgage-application activity for new-home purchases in 2018 has generally run ahead of the pace in 2017 this year, one of the bright spots in an otherwise sluggish housing market. October's data sent...
Nov 6, 2018  9:50 ET
Mortgage credit eases in October
Mortgage credit loosened in October as conventional loans with low downpayments became more readily available for first-time buyers, the Mortgage Bankers Association (MBA) reported. "Rev...
Oct 24, 2018  9:05 ET
Mortgage applications rebound in weekly survey
Mortgage application activity picked up last week following a lull during the Columbus Day holiday, the Mortgage Bankers Association (MBA) reported. MBA’s seasonally adjusted composite i...
Oct 18, 2018  12:40 ET
MBA: Home-purchase market looks bright
Challenging times for mortgage companies are expected to continue next year, but the news is not all bad. The outlook for home-purchase loans, now the industry’s mainline source of business, loo...
Oct 17, 2018  9:40 ET
MBA: Applications fall on higher rates
Mortgage applications fell steeply last week as the key 30-year fixed rate topped the 5 percent threshold, the Mortgage Bankers Association reported. For the week ending Oct. 12, MBA’s a...
Oct 15, 2018  14:30 ET
Blog: The annual MBA convention is underway
The Mortgage Bankers Association (MBA) annual convention got underway in earnest on Monday. The annual event is typically the high point of the year for the industry, and this year's conven...
Oct 11, 2018  9:20 ET
New-home purchase activity remains strong
Applications for mortgages to buy new homes were running higher in September compared to last year even as the pace of application activity and new-home sales tapered off over the month, the Mortgage...

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