This is why millennials need a new credit scoring system

This is why millennials need a new credit scoring system

Turns out they WANT credit, but just can't GET credit

Meet our incredible 2015 Women of Influence

Announcing 40 leaders driving the housing economy

CFPB to mortgage industry: Get out of MSAs

Industry calls move regulation by enforcement
W S

Weekly Mortgage Applications Rise 8.2%: MBA

/ Print / Reprints /
| Share More
/ Text Size+
A survey of gross mortgage applications increased, while a second survey measuring household activity declined last week. The Mortgage Bankers Association (MBA) survey of gross applications increased 8.2% for the week ending October 30, compared to the previous week. Mortgage Maxx’s survey, which adjusts gross mortgage volume to account for  the number of households submitting applications, decreased 6%. MBA’s refinance index increased 14.5% from the previous week and the purchase index decreased 1.8%. Refinance mortgages took a 66.1% share of total applications, the MBA said, up from 62.3% the previous week. Adjustable-rate mortgages (ARMs) decreased to 6.1% from 6.9%. Write to Austin Kilgore.

Recent Articles by Austin Kilgore

Comments powered by Disqus