Mortgage Applications Up Another 50 Percent
Mortgage application volume surged 48 percent on a seasonally adjusted basis for the week ending December 19, the MBA said today.
On an unadjusted basis, the home loan application index increased 50.2 percent compared to one week earlier, and was up 124.6 percent compared to the same period a year ago.
The exceptional increase was led by a 62.6 percent jump in refinance applications and double-digit gains Read more