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MBA: Mortgage rates increase slightly in survey

Aug 27, 2014
In its Weekly Mortgage Applications Survey for the week ending August 22, 2014, the Mortgage Bankers Association (MBA) reported that the volume of mortgage loan applications rose 2.8 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the index rose 2 percent compared with the previous week.

Both the Refinance Index and the Purchase Index also increased, both rising 3 percent.

To read the entire MBA press release, click here
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Home sales near record high in November

There were 10,719 closed home sales across New York State during November, representing the second-highest total on record for the month. The November sales record of 10,991 was set in November 2016. The statewide median sales price grew by 5.8 percent in November compared to last November. Click here to read more.