Mortgage Applications, Interest Rates Continue to Climb
The Market Composite Index, a measure of mortgage loan application volume, increased 0.3 percent on a seasonally adjusted basis from one week earlier.
The Market Composite Index, a measure of mortgage loan application volume, increased 0.3 percent on a seasonally adjusted basis from one week earlier.
Mortgage applications decreased 2.8 percent from two weeks earlier, according to data released today by the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending Dec. 29.
Any investor presentation or balance sheet of a community bank in Massachusetts will likely show some of the strongest credit quality since the financial crisis, or even before.
Mortgage applications decreased 6.2 percent last week from the previous week, according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending June 23, 2017. The Refinance Index decreased 9 percent from the previous week.