On an unadjusted basis, the index fell 6% compared to the previous week. The refinancing index fell 6% from the previous week and was 110% higher than the same week a year ago. The refinance share of mortgage activity rose to 59.1% of total applications from 59.0% the week before. The seasonally adjusted purchasing index […]
The Association of Mortgage Bankers (M.B.A.) announced Sunday that it expects total mortgage origination volume for single-family homes to rise to $2.2 trillion in 2026, up from an expected $2.0 trillion in 2025. Mike Fratantoni, chief economist and senior vice president for research and business development, spoke at the 2025 annual convention and expo; Joel […]