FHFA announces 2016 conforming loan limits

FHFA announces 2016 conforming loan limits

Much of U.S. left unchanged; limits increase in 39 ‘high-cost’ counties

Game changer? Quicken Loans takes mortgage lending fully digital

Launches Rocket Mortgage

Google launches mortgage comparison tool with Zillow

LendingTree will also bring mortgages to Google

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