MBA: Mortgage App Volume Rises Slightly Over Last Week
News

MBA: Mortgage App Volume Rises Slightly Over Last Week

May 13, 2020
by
Navi Persaud

The Mortgage Bankers Association's latest Weekly Mortgage Application Survey reported a 0.3% increase in mortgage applications from a week ago, on a seasonally adjusted basis. On an unadjusted basis, the index increased 1% from one week prior. The report showed a 3% decrease in the refinance index, though it is still 201% higher than the same week just one year ago. The seasonally adjusted purchase index is up 11% from last week.

Read more from the MBA's Weekly Mortgage Application Survey.

Written by 
Navi Persaud

Navi is the Director of Online Content for American Business Media in West Hartford, Conn.

npersaud@ambizmedia.com
MBA: Mortgage App Volume Rises Slightly Over Last Week
May 13, 2020 1:14 PM
by
Navi Persaud
News

The Mortgage Bankers Association's latest Weekly Mortgage Application Survey reported a 0.3% increase in mortgage applications from a week ago, on a seasonally adjusted basis. On an unadjusted basis, the index increased 1% from one week prior. The report showed a 3% decrease in the refinance index, though it is still 201% higher than the same week just one year ago. The seasonally adjusted purchase index is up 11% from last week.

Read more from the MBA's Weekly Mortgage Application Survey.

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