Menu

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

New York State home sales fall short of record 3Q high

There were 38,445 homes sold across New York State during the 2017 third quarter, a 3.1-percent decline from the 2016 third quarter’s record total. The 2017 third quarter sales total is the second best on record for the period. The median sales price growth trend continued in the third quarter, posting a 5-percent increase to $261,500. Click here to read more.

NYSAR News