Latest News

Mortgage applications increase as rates continue to drop

Jan 28, 2016
In its Weekly Mortgage Applications Survey for the week ending January 22, 2016, the Mortgage Bankers Association (MBA) reported that the volume of mortgage loan applications rose 8.8 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the index increased 0.3 percent compared with the previous week. This week’s results include an adjustment to account for the Martin Luther King holiday.
Both the Refinance Index and the Purchase Index also increased, rising 11 percent and 5 percent respectively.
To read the entire MBA press release, click here.
Featured Content

Empire State housing market stays hot in January

New York State home sales remained strong to start the new year with 8,698 closed sales, falling just shy of the 2017 record for January, according to the annual housing market report released by the New York State Association of REALTORS. The January statewide median sales price of $266,000 represented an increase of 8.4 percent from a year ago. Click here to read more.