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Mortgage Application Volume Second Highest of Year.
Posted by grapebed of MO on 6/20/18 7:29pm Msg #594863
June 20th, 2018 SOURCE: Mortgage Bankers Assciation

The volume of mortgage applications have increased rather decisively. this past week. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of that volume, surged by 5.1 percent during the week ended June 15. It was the largest increase in total mortgage volume since the week ended January 5, 2018. On an unadjusted basis the volume was up 3 percent.

Applications for both refinancing and home purchases increased compared to the week ended June 8. The Refinance Index gained 6 percent and the refinancing share of applications grew from 35.6 percent to 36.8 percent. The seasonally adjusted Purchase Index increased by 4.0 percent from one week earlier and the unadjusted Purchase Index by 1.0 percent. The latter was up 3.0 percent from the same week one year ago.

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Messages in this Thread
 Mortgage Application Volume Second Highest of Year. - grapebed on 6/20/18 7:29pm
 'Tis the eye of the storm. I hope I'm wrong. - Lee/AR on 6/20/18 7:38pm
 Yep. More info in this article... -  JanetK_CA on 6/20/18 7:58pm



 
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