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Mortgage applications increase for first week of January

Jan 08, 2014
In its Weekly Mortgage Applications Survey for the week ending January 3, 2014, the Mortgage Bankers Association (MBA) reported the volume of mortgage loan applications increased 2.6 percent on a seasonally adjusted basis from one week earlier. This includes an adjustment to account for the New Year’s Day holiday. On an unadjusted basis, the index increased 45 percent compared with the previous week.

The Refinance Index also increased, rising 5 percent from the previous week, while the Purchase Index fell 1 percent. 

To read the entire MBA press release, click here.
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