Mortgage Bankers Association

Mortgage applications decreased 4.2% over the final two weeks of 2020, but the strong demand for home buying throughout most of the year should continue, according to the Mortgage Bankers Association.

Mortgage applications increased 0.8% from one week earlier, an indicator of the housing market’s strength as this year comes to an end, according to the Mortgage Bankers Association.

The forbearance rate rose behind slowed economic recovery, according to the Mortgage Bankers Association.

Mortgage applications increased 1.1% from one week earlier as a decline in rates to yet another low point brought consumers into the market, according to the Mortgage Bankers Association.

The forbearance rate continued its improvement, but the surge of COVID-19 cases could lead to more borrowers needing mortgage relief, according to the Mortgage Bankers Association.

But late payments for all other investor types rose compared with the second quarter.

Mortgage application activity decreased 1.2% on a seasonally adjusted basis last week, but refinance volume picked up as interest rates reached a new survey low, according to the Mortgage Bankers Association.

In November, more loan products were being offered both at the upper and lower ends of the market.

The surge of COVID-19 cases slowed economic recovery and hampered improvements in the forbearance rate, according to the Mortgage Bankers Association.

Mortgage applications decreased 0.6% on a seasonally adjusted basis from one week earlier as the period was truncated by the Thanksgiving holiday, according to the Mortgage Bankers Association.