Sentences with phrase «mortgage application activity»
Consumer mortgage application activity also went down 7.3 percent from the prior week, yet up 17 percent in comparison to the same week just one year ago.
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The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity, which includes both refinancing and home purchase demand, fell 5.5 percent to 374.6 in the week ended December 13.
Demand for mortgages on purchases of homes rose for the third consecutive week last week while applications for refinancing decreased, according to The Mortgage Bankers Association's (MBA's) seasonally adjusted index of overall mortgage application activity.
The recent pickup in mortgage application activity for home purchases reinforced the view of underlying strength in the housing sector.
The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity, which includes both refinancing and home purchase demand, rose 9.4 percent in the week ended February 28.
The Mortgage Bankers Association also reported higher interest rates and decreased overall mortgage application activity.
Prior to that at 7 a.m. ET, the Mortgage Bankers» Association will reveal its mortgage application activity, which will provide insight into the demand for home purchases.
Additionally, when looking at the adjusted index of mortgage application activity, which includes refinancing and purchase applications, there was an overall decrease of 2.6 percent in the week ended July 12.
Mortgage application activity, which includes both refinancings and home purchase loans, dropped 0.3 percent in the week ending Nov. 22, according to the MBA's index.
The MBA said its seasonally adjusted index of mortgage application activity, which includes both refinancing and home purchase demand, dipped 1.0 percent last week.
The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity, which includes both refinancing and home purchase demand, fell 6.3 percent to the lowest level since December 2000.
In the latest week ending Dec. 13, mortgage applications fell 5.5 percent, according to the MBA's seasonally adjusted index of mortgage application activity.