Lenders witness surge of mortgage demand last week
Friday, May 9th, 2025
It’s probably too early to get excited, but several lenders reported that mortgage demand climbed to 2022 levels this week.
Buying a home is out of reach until 2034 for most new college graduates
Thursday, May 8th, 2025
An analysis released Thursday by MortgageResearch.com suggests that the average new college graduate likely won’t be able to afford a home until April 2034 — nearly 10 years after graduation — due to a triple burden of surging home prices, student loan debt and modest entry-level salaries.
Why purchase mortgage applications have been positive all year
Wednesday, May 7th, 2025
In 2025, despite a lot of negative economic headlines, mortgage purchase application data has shown positive year-over-year growth for 14 consecutive weeks. In today’s MBA purchase application survey, this data reflected an 11% increase week over week and a 13% increase year over year, indicating resilient market performance.
Mortgage demand rebounds, driven by 11% increase in refinance applications
Wednesday, May 7th, 2025
Mortgage applications increased 11% from one week earlier amid a decline in rates, according to data from the Mortgage Bankers Association’s (MBA) weekly mortgage applications survey for the week ending May 2, 2025.
The index increased 12% on an unadjusted basis compared with the previous week.
MBA throws support behind bill to give VA borrowers a partial mortgage claim option
Tuesday, May 6th, 2025
Following moves to close the Veteran Affairs Servicing Purchase (VASP) program, a bill from a lawmaker who railed against it that seeks to reform the U.S. Department of Veterans Affairs (VA) home loan program with the addition of a partial claim option has picked up support from the Mortgage Bankers Association (MBA).