Mortgage Applications in U.S. Rise 6% as Rates Drop to New Lows

“According to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending December 7, 2012, mortgage applications increased 6.2 percent from one week earlier. The Market Composite Index, a measure of mortgage loan application volume, increased 6.2 percent on a seasonally adjusted basis from one week earlier.  On an unadjusted basis, the Index …

Continue reading ‘Mortgage Applications in U.S. Rise 6% as Rates Drop to New Lows’ »