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Mortgage applications continue to fall in October

Oct 14, 2015
In its Weekly Mortgage Applications Survey for the week ending October 9, 2015, the Mortgage Bankers Association (MBA) reported that the volume of mortgage loan applications fell 27.6 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the index fell 27 percent compared with the previous week. 
 
Both the Refinance Index and the Purchase Index also fell from one week earlier, decreasing 23 percent and 34 percent respectively. 
 
To read the entire MBA press release, click here
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NYS housing market sets October sales record

There were 12,178 closed home sales across New York State during October, setting a new record high for the month. The previous October sales record was 11,926 in October 2015. The statewide median sales price grew by 9.1 percent in October compared to October 2016. Click here to read more.

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