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Dennis Norman Record-low interest rates have brought out existing homeowners to refinance their existing mortgages at lower rates….however, the rates don’t seem to be having the same effect on home-buyers who still seem reluctant to pull the trigger and buy a home. According to the Mortgage Bankers Association (MBA) weekly mortgage applications survey for [...]
Dennis Norman For the fourth-consecutive week, there has been a little increase in consumers applying for a mortgage to buy a home. According to the Mortgage Bankers Association (MBA) weekly mortgage applications survey for the week ending August 6, 2010, the MBA Purchase Index (a measure of the volume of loan applications related to [...]
Dennis Norman For the third consecutive week, there has been a little increase in consumers applying for a mortgage to buy a home. According to the Mortgage Bankers Association (MBA) weekly mortgage applications survey for the week ending July 30, 2010, the MBA Purchase Index (a measure of the volume of loan applications related [...]
Dennis Norman With mortgage rates near an all-time low one might expect a lot more people taking advantage and buying a home. However, even low interest rates have not been enough to fire up home-buyers although, for the second consecutive week, there has been a little increase in activity. [...]
Dennis Norman Last week I said that in my real estate career I’ve not seen a time that lower interest rates didn’t spur some sort of activity in the market. Finally, it happened, at least a little. According to the Mortgage Bankers Association (MBA) weekly mortgage applications survey for the week ending July 16, [...]
Dennis Norman I’ve been in the real estate business for over 30 years now and hate to admit that I’m witnessing something now I’ve never seen before. Throughout my career I’ve seen the real estate market struggle at times usually at the hands of a recession, stagflation, high interest rates, high unemployment or some [...]
Dennis Norman While near historic-low mortgage interest rates are causing homeowners to refinance their existing mortgages, it does not appear the rates are bringing out the home-buyers. According to the Mortgage Bankers Association (MBA) weekly mortgage applications survey for the week ending July 2, 2010, the MBA Purchase Index (a measure of the volume [...]
Dennis Norman After last weeks increase in loan applications from borrowers buying homes which broke a string of five consecutive weeks of decreases, the Mortgage Bankers Association (MBA) weekly mortgage applications survey for the week ending June 18, 2010 decreased from the prior week. The MBA Purchase Index (a measure of the volume of [...]
Dennis Norman After five consecutive weeks of decreases, the Mortgage Bankers Association (MBA) weekly mortgage applications survey for the week ending June 11, 2010 increased from the prior week. 7.3 percent. The report showed the MBA Purchase Index (a measure of the volume of loan applications related to a home purchase) increased 7.3 percent [...]
Dennis Norman I hate to say it, but, as the legendary Willie Nelson song goes, “Turn out the lights. The party’s over” Back around November of last year I first wrote about the concern I had about the home-buyer tax credit program having the effect of a “sugar-rush” on the real estate market. I [...]
Dennis Norman Mortgage Applications Continue to Indicate Home Sales Are Slowing The Mortgage Bankers Association (MBA) released its weekly mortgage applications survey for the week ending May 28, 2010. The report showed the MBA Purchase Index (a measure of the volume of loan applications related to a home purchase), after decreasing in each of [...]
Dennis Norman Mortgage Applications Indicate Home Sales Are Slowing The Mortgage Bankers Association (MBA) released its weekly mortgage applications survey for the week ending May 21, 2010. The report showed the MBA Purchase Index (a measure of the volume of loan applications related to a home purchase), after decreasing a total of 36.6 percent [...]
Dennis Norman The Mortgage Bankers Association (MBA) released its weekly mortgage applications survey for the week ending May 14, 2010. The report showed the MBA Purchase Index (a measure of the volume of loan applications related to a home purchase), after decreasing 9.5 percent the prior week, plummeted 27.1 percent for the week. The [...]
Dennis Norman The Mortgage Bankers Association (MBA) released its weekly mortgage applications survey for the week ending May 7, 2010. The report showed the MBA Purchase Index (a measure of the volume of loan applications related to a home purchase), after increasing the during each of the last three weeks, decreased 9.5 percent from [...]
Dennis Norman The Mortgage Bankers Association (MBA) released its weekly mortgage applications survey for the week ending April 30, 2010. The report showed the MBA Purchase Index (a measure of the volume of loan applications related to a home purchase), after increasing the during each of the last two weeks, increased a whopping 13.0 [...]
Dennis Norman The Mortgage Bankers Association (MBA) released its weekly mortgage applications survey for the week ending April 23, 2010. The report showed the MBA Purchase Index (a measure of the volume of loan applications related to a home purchase) increased 7.4 percent from the week before. The four-week moving average of home [...]
Dennis Norman The Mortgage Bankers Association (MBA) released its weekly mortgage applications survey for the week ending April 16, 2010. The report showed the MBA Purchase Index (a measure of the volume of loan applications related to a home purchase) increased 10.1 percent from the week before. The four-week moving average of home purchase [...] Dennis Norman Home Loan Application Activity Index at 3rd Lowest Level Since June 2009 The Mortgage Bankers Association (MBA) released its weekly mortgage applications survey for the week ending April 9, 2010. The report showed the MBA Purchase Index (a measure of the volume of loan applications related to a home purchase) decreased 10.5 [...]
Dennis Norman Interest Rates at Highest Level Since August 2009 The Mortgage Bankers Association (MBA) released its weekly mortgage applications survey for the week ending April 2, 2010. The report showed the MBA Purchase Index (a measure of the volume of loan applications related to a home purchase) increased 6.8 percent from the week [...] Homebuyer Tax Credit Extended Deadline is April 30, 2010 – Mortgage Applications Increase As Deadline Draws Near Dennis Norman The Mortgage Bankers Association (MBA) released its weekly mortgage applications survey for the week ending March 26, 2010. The report showed the MBA Purchase Index (a measure of the volume of loan applications related to [...] After Two Weeks of Increases, Home Loan Applications Decrease 1.9 Percent Last Week Dennis Norman The Mortgage Bankers Association (MBA) released its weekly mortgage applications survey for the week ending March 12, 2010. The report showed the MBA Purchase Index (a measure of the volume of loan applications related to a home purchase) decreased [...] Home Loan Applications Increase 5.7 Percent Last Week – second consecutive week of increased home buyer activity Dennis Norman The Mortgage Bankers Association (MBA) released its weekly mortgage applications survey for the week ending March 5, 2010. The report showed the MBA Purchase Index (a measure of the volume of loan applications related to [...] Home Loan Applications Jump 11.7 Percent Last Week after decreasing two prior weeks Dennis Norman The Mortgage Bankers Association (MBA) released its weekly mortgage applications survey for the week ending February 26, 2010. The report showed the MBA Purchase Index (a measure of the volume of loan applications related to a home purchase) increased 11.7 percent from [...] Home Loan Applications Drop 4.0 Percent Last Week. Dennis Norman The Mortgage Bankers Association (MBA) released its weekly mortgage applications survey for the week ending February 12, 2010. The report showed the MBA Purchase Index (a measure of the volume of loan applications related to a home purchase) decreased 4.0 percent from the week [...] Home Loan Applications Drop 7.0 Percent Last Week. Dennis Norman The Mortgage Bankers Association (MBA) released its weekly mortgage applications survey for the week ending February 5, 2010. The report showed the MBA Purchase Index (a measure of the volume of loan applications related to a home purchase) decreased 7.0 percent from the week [...] Fewer Home-buyers applying for loans in past week Dennis Norman The Mortgage Bankers Association (MBA) released its weekly mortgage applications survey for the week ending January 22, 2010. The report showed the [...] Home-buyers mortgage activity increases from week before…down from a month ago though Dennis Norman The Mortgage Bankers Association (MBA) released its weekly mortgage applications survey for the week ending January 8, 2010. The report showed the MBA Purchase Index (a measure of the volume of loan applications related to a home purchase) increased 14.3 [...] Home-buyers mortgage activity dropping…refinances make up 3/4 of all new mortgages. Dennis Norman The Mortgage Bankers Association (MBA) released its weekly mortgage applications survey for the week ending December 11, 2009. The report showed the MBA Purchase Index (a measure of the volume of loan applications related to a home purchase) decreased 3.6 percent [...] Dennis Norman The Mortgage Bankers Association (MBA) released its weekly mortgage applications survey for the week ending November 6, 2009. The report showed the MBA Purchase Index (a measure of the volume of loan applications related to a home purchase) decreased 11.7 percent from the week before, bringing it to it’s lowest level since [...] |
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