Mortgage Refinance Applications Surge

Mortgage Refinance Applications Surge

A recent decrease in interest rates has spurred a significant uptick in mortgage refinance applications, according to the latest data from the Mortgage Bankers Association (MBA). While overall mortgage application volume saw a notable increase, the majority of this...
Mortgage Application Volume Boosted by Fed Comments

Mortgage Application Volume Boosted by Fed Comments

By: Jann Swanson, Wed May 10, 2023, 8:24 AM: The volume of mortgage applications increased last week for both home purchases and refinancing. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of that volume, increased 6.3 percent on a...