Category: mortgage applications

Measuring the Severity of the National Housing Shortage

There is a severe housing shortage as a result of record-high home prices and rents in addition to record-low for-sale inventories and vacancies, according to a new analysis from the… Read more »

Office Space to Living Space: Conversions to Skyrocket in Major U.S. Cities

According to a new RentCafe report, over the past four years, there has been extraordinary growth in the conversion of office buildings into living spaces, with an estimated 12,100 apartments… Read more »

Morning Roundup (2/11/2022)– Forbearances Down, Rates Up

Good Morning! Today is Friday, February 11. Biden is moving to split $7 billion in frozen Afghan funds between 9/11 victims’ families and humanitarian aid in Afghanistan. Congress passed a bipartisan… Read more »

A Move Away From Entry-Level Homes?

The Mortgage Banker’s Association or MBA recently released the results of a survey for the week ending on October 2, 2020. The volume of mortgage loan applications increased by 4.6%… Read more »

Mortgage applications for home purchases increase

Applications for mortgages to purchase homes gained for the fourth consecutive week while refinancings dropped, the Mortgage Bankers Association said in a Wednesday report. A seasonally adjusted index measuring purchase… Read more »