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  1. OCR rate decisions and renewed interest in mortgage top-ups are influencing the lending and mortgage markets.

Survey data from the Mortgage Bankers Association shows that new mortgage applications decreased by 1.9 percent.

5 reports, 2 independent Updated May 20
Gone quiet Reached 2 outlets in its first 24 hours
Reports
5
Developments
5
Repetition
20%

New informationRepeats or wire copies

AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 2 outlets

Survey data from the Mortgage Bankers Association shows that new mortgage applications decreased by 1.9 percent.

How it developed

Newest first. Tap a step to see who reported it.
  1. Industry average retention rates are reported amid conflict over lowering interest rates, involving the FED, Trump administration, and the mortgage industry.Sub-event
  2. Coronavirus continues to create instability in the housing market, leading to a reported drop in mortgage applications.1 source
  3. Specific statistic of 5.2% decrease in applications reported on May 20.1 source
  4. MBA survey shows a 9.7% decrease in mortgage applications.1 source
  5. Application volume in the mortgage market declined by 1.9 percent.1 source

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OCR rate decisions and renewed interest in mortgage top-ups are influencing the lending and mortgage markets.

Also in this story

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Coverage

Newest first; wire copies grouped
  • housingwireMortgage applications fall significantly as coronavirus continues to hit housing market
  • mba_newsroomMortgage Applications Decrease in Latest MBA Weekly Survey | MBA
  • mba_newsroomMortgage Applications Decreased Over a Two-Week Period in Latest MBA Weekly Survey | MBA
  • mba_newsroomMortgage Applications Decrease in Latest MBA Weekly Survey | MBA
  • mba_newsroomMortgage Applications Decrease in Latest MBA Weekly Survey | MBA