NASDAQ to delist Home Loan Servicing Solutions

NASDAQ to delist Home Loan Servicing Solutions

Next shoe in New Residential deal drops

First-time buyer GSE mortgage loans are getting far riskier

Risk index for agency mortgages for new buyers at series high

6 secrets to dealing with regulations for mortgage servicers

A candid look from the perspective of 2 recovering regulators
W S

Gross Mortgage Applications Up 2.1%: MBA

/ Print / Reprints /
| Share More
/ Text Size+
Mortgage applications increased in two weekly surveys. The Mortgage Bankers Association (MBA) index of gross mortgage applications increased 2.1% on a seasonally adjusted basis from the previous week. Mortgage Maxx’s index of applications that’s adjusted to calculate the number of individuals who apply for mortgages increased 3.9%. Both indices were adjusted for the shortened holiday week. MBA’s refinance index increased 1.7% from the previous week and the purchase index increased 4.1%. Refinance mortgages took a 72.1% share of total applications, up from 71.7% in the week prior. Adjustable-rate mortgages (ARMs) accounted for 4.8% of total applications, down from 5.3% in the previous week. Mortgage Maxx said the recent results are seasonally strong, but projected next week will be the strongest week for the balance of 2009. Write to Austin Kilgore.

Recent Articles by Austin Kilgore

Comments powered by Disqus