Housing Wire
MARCH 5, 2025
Mortgage applications increased 20.4% from one week earlier on a seasonally adjusted basis as buyers pounced on lower rates , according to data from the Mortgage Bankers Associations (MBA) weekly mortgage applications survey for the week ending Feb. ” The refinance share of mortgage activity increased to 43.8%
Housing Wire
NOVEMBER 15, 2024
The Ohio-based builder is offering discounts of up to $20,000 on select homes in Greater Houston , along with no-cost 2/1 rate buydowns , and slashing prices by as much as $93,850 in other markets like Chicago. In Charlotte , borrowers to lock in a lower rate on select Quick Move-In homes that can close by the end of the year.
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Housing Wire
MAY 14, 2025
Last week saw steadier mortgage rates, as the FOMC meeting played as predicted, and market movements led to a small two-basis point increase in the 30-year conforming rate to 6.86%, said Mike Fratantoni , MBAs SVP and chief economist. The news for the week was the growth in purchase applications , up 2.3% from the previous week.
Housing Wire
DECEMBER 19, 2024
Most housing market analysts expect mortgage rates to spend the year with a 6 handle. The most optimistic predictions assume 2025 will see mostly low 6s for the 30-year fixed rate mortgage. The bond market got spooked and mortgage rates jumped back over 7%.
Housing Wire
JULY 9, 2025
” He continued, “The most remarkable aspect of the 2025 data is that this is still happening, despite rates being near 7%. Typically, housing data improves when mortgage rates drop from 6.64% toward 6%.” Mortgage rates for several loan products saw decreases from the week before.
Housing Wire
MARCH 30, 2025
These loans pertain to multifamily mortgages, which are used for commercial properties with five or more units, such as apartment buildings. Notably, the rate of multifamily delinquencies currently stands at under 1%, but it is at levels above the 2008 recession. Its not even a clever lie.
Housing Wire
JUNE 9, 2025
Unlike the pre-2008 era, stricter lending standards and robust regulations have kept mortgage delinquency rates low, significantly lowering the odds of a catastrophic collapse. In 2008, DTI ratios averaged 43%, leaving borrowers vulnerable to payment shocks from risky adjustable-rate mortgages as home values plummeted.
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