From the previous month,
application volume rose 18.0 percent in February, while it remains 2.0 percent below February 2011.
Source: «Mortgage
Application Volume Rose 1.7 % Last Week - MBA,» Dow Jones Newswires (May 9, 2012) and «79 % of Refinancing Home Owners Maintain or Reduce Mortgage Debt in First Quarter,» RISMedia (May 9, 2012)
Total mortgage
application volume rose 1.5 percent on a seasonally adjusted basis for the week from the previous week.
Not exact matches
But that
rising volume of
applications is threatening to sink an already overloaded staff, say NSF officials.
As a result of
rising housing costs, and the added burden of the annual MIP, FHA loan
application volume has been on the decline lately.
As a result of
rising housing costs, and the added burden of the annual MIP, FHA loan
application volume has been on the decline lately.
But last week refinancing
volume rose 4 percent higher to nearly 46 percent of total
applications, according to the MBA.
Applications to refinance home loans drove the
volume,
rising 7 percent from the previous week, seasonally adjusted.