Mortgage Bankers Association

Mortgage Bankers Association | March 29, 2018

Despite rising home prices and mortgage interest rates, applications for new mortgages jumped nearly 5% for the week ended March 23, 2018. According to the Mortgage Bankers Association's Weekly Mortgage Applications survey, applications for a new home loan jumped 4.8% on a seasonally adjusted basis from the week earlier. On an unadjusted basis, the index was up 5% compared with the week earlier.At the same time, the Mortgage Bankers Association said the Refinance Index jumped 7% from the pre...

Mortgage Bankers Association | March 16, 2018

With the Consumer Price Index (CPI) logging a mild increase in February, alleviating worries about inflation, mortgage rates on fixed loans were able to post their first decline of the year this week. According to data compiled by Freddie Mac, for the week ending March 15, the average rate for a 30-year fixed-rate loan fell 2 basis points to 4.44%. This marks the first decline of 2018 and the first dip in a year, Freddie Mac said in a release. The government-sponsored enterprise pointed to the C...

Mortgage Bankers Association | March 09, 2018

The real estate market is heading into its spring selling season with two big negatives that could affect home sales: rising mortgage rates and tariffs on steel and aluminum. With many people starting their house hunting in the spring when the weather warms up and the properties thaw, they will find mortgage rates that have been inching higher all year and tariffs that could affect the cost of a new home. Together, this could mean trouble during one of the busiest times of the year for the real ...

PayPal | January 16, 2020

PayPal Holdings, Inc. (NASDAQ: PYPL) today announced that it processed a record $10.3 billion in donations to charities around the world in 2019, and more than $1 billion in the month of December alone, as mobile and other digital channels continue to change how donors engage with nonprofit organizations. Twenty-one percent of all donations processed by PayPal in 2019 were made through mobile devices. "Our efforts to drive social impact and create value for all of our stakeholders continue ...