Latest News

Mortgage applications essentially flat in latest survey

Jan 29, 2014
In its Weekly Mortgage Applications Survey for the week ending January 24, 2014, the Mortgage Bankers Association (MBA) reported that the volume of mortgage applications fell 0.2 percent from one week earlier. The results include an adjustment to account for the Martin Luther King, Jr. holiday. On unadjusted basis, the index fell 9 percent compared with the previous week.

The Refinance Index also decreased, falling 2 percent, while the Purchase Index rose 2 percent. 

To read the entire MBA press release, click here.
Featured Content

NYS home sales post second-highest May total

Homebuyer activity remained strong in May, driving the New York State housing market to the second-highest sales total for the month with 10,348 closings. May 2018 closed sales were 8.6 percent lower than the record of 11,322 set in May 2017. The median sales price growth trend continued, increasing by 11.5 percent compared to last May, ending the month at $262,000. Click here to read more.