NYSAR News

Latest News

Mortgage applications rise more than 11 percent in weekly survey

Oct 22, 2015
In its Weekly Mortgage Applications Survey for the week ending October 16, 2015, the Mortgage Bankers Association (MBA) reported that the volume of mortgage loan applications rose 11.8 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the index increased 1 percent compared with the previous week. This week’s results include an adjustment to account for the Columbus Day holiday.
 
Both the Refinance Index and the Purchase Index also rose, increasing 9 percent and 16 percent respectively. 
 
To read the entire MBA press release, click here.
Featured Content

Empire State home sales set record in August

Homes sold at a record-setting pace across New York State during August with 13,912 closed sales. The previous record was 12,938 closed sales in August 2007. The statewide median sales price increased 3.8 percent compared to August 2015. Click here to read more.

NYSAR News