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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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Record November sales drive NY housing market past 2015 total

A record-setting November market pushed the New York State home sales total to 118,730, surpassing the 2015 annual mark of 116,671. Closed home sales set a new record for November reaching 10,547 for the month, an increase of nearly 9 percent from November 2015. Click here to read more.

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