Purchase Mortgage Volume Manages Small Gains, Rates Effectively Unchanged

Home / Blog / Purchase Mortgage Volume Manages Small Gains, Rates Effectively Unchanged

Posted To: MND NewsWire

As mortgage interest rates moved higher during the week ended September 28, with small increases carrying most to new seven year highs, application activity almost froze in place. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of application volume, was unchanged from the prior week on a seasonally adjusted basis and lost 0.2 percent on an unadjusted basis. The Refinancing Index decreased 0.1 percent from the previous week. The share of applications that were for refinancing was unchanged from the week ended September 21 at 39.4 percent. The seasonally adjusted Purchase Index eked out a 0.1 percent increase , extending to five weeks its streak of mainly tiny gains. On an unadjusted basis the measure declined 0.2 percent from the previous week's level and was...(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...

9c2ba273 6614 462b 81db 57ed08797d92 5101b60a 02cb 4ed5 8688 0e05d3dfead8 3688af7f f2a5 4bc0 aa64 8ac74a7bf47e 8aa0ba2c b411 4647 a5dc ee690b6e07c5 a3ef3498 a571 4a4a 80dd 9402ae745ea5 9e9fba39 e184 4e54 9c54 132068bf910f 9b37eeed c87d 4a67 8721 bb0b6fd16f45 03f28a5d 3855 408b b296 0d03069bea5b 3d15ce80 69c3 422e aa38 16fdc8ad4030 b01c41c7 64e0 4579 a06e f46496d3ef4e 77b38f58 75e5 4065 ba4a 45d6d11f7a9f bff3bf3d 85e2 4f6c a135 62a8f851fe38 a402e43a c1b1 4ce7 bae2 043d70a78446 cad0c29c 42e3 4250 b8f2 19bb2bae2538 3ccb709d 05fc 4176 90f6 cdb5637f132d a910ec61 fcda 443f b740 8875ad8704d0 7d0c25e3 4c29 4751 9a36 c83303ae6a40 ecfb84c6 86ef 46a9 a376 7103f2fed74b d410dd23 f137 423b ad42 130addfca156 7a91d67a 4c1a 4ace 8082 8353c4ea14b6 f5c77aba d266 45bd afdb 038bf79627c0 4445aabe c3c7 4ac6 9e5a 77735231ecce 01fd149b a1a1 423d a104 c163df6c5fac