Mortgage Apps Gaining Ground Despite Higher Rates

Home / Blog / Mortgage Apps Gaining Ground Despite Higher Rates

Posted To: MND NewsWire

Labor Day typically marks the end of summer and the resumption of business as usual. Hopefully it also marked the beginning of a turnaround for mortgage applications, which increased across the board for the first time since mid-June. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of mortgage application volume, was up 1.6 percent on a seasonally adjusted basis during the week ended September 14. On an unadjusted basis the volume increased 12 percent from the previous week which was shortened by the Labor Day holiday. The seasonally adjusted Purchase Index eked out an 0.3 percent gain , the third week in a row it has increased. On an unadjusted basis the index was up 9 percent week-over-week and was 4 percent higher than the same week in 2017. Even refinancing...(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

Source: http://www.mortgagen...

99955b74 2f64 4d57 a313 987f8271c284 c1bf122b 82f1 4c0f 9266 5670c45d609d 78ac409c 8f3f 474e 872d 6f7f5f501985 f9968809 b285 4fc9 8982 2d6a1b9e382f 4c9d68bf 26c7 4fe8 9063 5df738643c93 3b689824 6edb 420e bff3 94e8e9e7197d 9ea6da69 b440 46d0 9d5d 9da2016ead69 f6c4ade2 a1a0 4566 b4a0 35049020ec45 cee5ca2c 282e 486b 9032 4a816cbf7f20 d69719bd 7f98 4c70 8c89 d8c2f48c07e0 b9b34718 1543 4d30 9b9b 707bf2ab79aa 8ec3fa54 399f 43a3 85e0 f98fb9c0ea04 15cece16 2a31 4ada 911f 730fc457e917 94980424 d3b4 4a45 b0bf 88ffa287884e ad952064 a052 489b 8bd6 87fa8ad506a8 34cfbc03 8067 4dec a080 35c94632ce46 614a1522 cf56 4e86 9ed9 b76b4731b23f 2a8fcf2e b01e 48ee af17 f0de6d1e9cdf 9c2f2f89 7360 4e91 b25a 48d690696d52 8d452526 b096 49f4 bf2e 98e757bfb382 073cd73a 8244 4a27 bdb6 39da9a3cfd5a 2b172873 c761 47ad bdd5 aebc92031001 e61c839d b2a0 4f6d ad10 b312c8822526