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Mortgage applications fall for first full week of May

May 15, 2015
In its Weekly Mortgage Applications Survey for the week ending May 8, 2015, the Mortgage Bankers Association (MBA) reported that the volume of mortgage loan applications fell 3.5 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the index decreased 3 percent from the previous week.
 
Both the Refinance Index and the Purchase Index decreased as well, falling 6 percent and 0.2 percent respectively. 
 
To read the entire MBA press release, click here.
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New York home sales reach second-highest October total

Home sales in the Empire State dipped slightly from one year ago, but still hit the second highest total on record for October. The 11,201 closed sales in October 2016 represents the second highest total for the month after the 12,003 sold in October 2015. Click here to read more.

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