Stubbornly high rates have hindered mortgage demand, but at least it’s better than it was a year ago. Mortgage applications decreased 6.7% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) weekly applications survey for the week ending Oct. 18. The Market Composite Index, a measure of mortgage loan application volume,…
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Ohio REALTORS, one of the largest and most influential real estate associations in the Midwest, has announced its partnership with HousingWire, the leading source for housing market news and information. This collaboration is set to provide over 3,000 broker members across Ohio with access to comprehensive data, analytics, and housing news, positioning them at the…
After two years of optimization efforts, Rate CEO Victor Ciardelli talks about the public launch of the Rate Intelligence AI-powered lending platform. Chicago-based Rate was the eighth-largest mortgage lender in the country during the first half of 2024, according to estimates from Inside Mortgage Finance. On Wednesday, the company implicitly announced its intentions to grow…
Total mortgage application volume dropped 6.7% from the previous week, hitting its lowest level since July