The Refinance Index inched up by a scant 0.1% from the previous week.
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Mortgage Application Activity Up 5.3%
Weely Real Estate News
Mortgage Application Activity Takes an Uptick
Mortgage application activity was on the rise in the latest data from the Mortgage Bankers Association (MBA), which tracked the week ending Nov. 3. The Market Composite Index, the trade group’s measure of mortgage loan […]
Mortage News
Mortgage Application Volume Responds to Rate Drop
A quarter-point decline in 30-year fixed-rate mortgage (FRM) interest pushed mortgage application activity higher across the board during the week ended November 3. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure […]
Mortage News
Lower Rates Help Mortgage Application Volume to Recover
The volume of mortgage applications posted the first gain since May 5, aided by lower interest rates and the usual post-holiday week bounce. The Mortgage Bankers Association (MBA) said its Market Composite Index increased 7.2 […]