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Mortgage applications increase for second week in November

Nov 21, 2014
In its Weekly Mortgage Applications Survey for the week ending November 14, 2014, the Mortgage Bankers Association (MBA) reported that the volume of mortgage loan applications rose 4.9 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the index fell 7 percent compared with the previous week. The week’s results include an adjustment for the Veterans Day holiday.

Both the Refinance Index and the Purchase Index also increased from the previous week, rising 1 percent and 12 percent respectively. 

To read the entire MBA press release, click here.
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