The Mortgage Bankers Association (MBA) is a trade association representing members of the real estate finance industry. Its total member complement is more than 2,200 companies and includes ...

The average rate on a 30-year mortgage in the U.S. eased this week to just below 7%, its first decline after climbing five ...

“Applications decreased last week as rising mortgage rates continued to discourage buyers from entering the market and put a damper on purchase activity,” Joel Kan, Mortgage Bankers Association vice ...

The drop in financing costs added a further boost to lending activity after a surge in the prior week. MBA’s index applications for home purchases increased 0.6%. While the gauge is adjusted for ...