Latest News

Mortgage applications decrease in weekly MBA survey

Feb 25, 2016
In its Weekly Mortgage Applications Survey for the week ending Feb. 19, 2016, the Mortgage Bankers Association (MBA) reported that the volume of mortgage loan applications fell 4.3 percent on a seasonally adjusted basis from one year earlier. On an unadjusted basis, the Index fell 12 percent compared with the previous week.
The Refinance Index also decreased, falling 8 percent from the previous week, 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.