By Editor
October 15, 2014
According to the Mortgage Bankers Association, U.S. home mortgage applications increased last week, and interest rates dropped. The MBA’s seasonally adjusted index of mortgage application activity grew 3.8%, and their seasonally adjusted index of refinancing applications also increased 5.0%. Additionally, the loan requests for home purchases, a direct indicator of home sales, also jumped 2.4% for the week ending on October 3rd. More here
