Mortgage Application Volume Rises 12 Percent
Home loan application volume increased 11.9 percent on a seasonally adjusted basis for the week ending November 7, according to the MBA.
On an unadjusted basis, the index was up 10.5 percent compared to one week earlier, but still off 40.0 percent compared to the same period a year ago.
The increased in application volume was led by a 16.1 percent jump in refinance activity and a 15.3 percent rise in FHA Read more