Mortgage Applications
Latest Posts
Application Volume Rises, Favoring Refi
Jan 14, 2009Raw mortgage application volume increased 15.8 percent on a seasonally adjusted basis for the week ending Jan. 9, according to the weekly survey released by the Mortgage Bankers Association. The four-week moving average of raw application volume increased 10.8 percent, suggesting a bit of recovery in the broader market. The MBA’s raw refinance application index increased 25.6 percent while its purchase index decreased 14.1 percent for the same week.
