April 20, 2025

Mortgage Bankers Association

Home Mortgage Bankers Association
Mortgage

House introduces bill to reduce mortgage insurance premiums

  • April 14, 2025

The bill was referred to the House Committee on Ways and Means. While the full text of the legislation is not yet available, its listed purpose is to “amend the Internal Revenue Code of 1986 to increase the income cap for and make permanent the mortgage insurance premium deduction.” “With housing prices skyrocketing in Florida

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Mortgage

Mortgage applications drop after weeks of growth

  • March 19, 2025

The Market Composite Index, which measures mortgage loan application volume, decreased 6.2% on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the index decreased 6% from last week. The refinance index decreased 13% from the previous week, but was 70% higher than the same week one year ago. The seasonally adjusted

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