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Purchase Applications Improve; Refi Slump Slows

(Mortgage News Daily) - 1 years ago
 Posted To: MND NewsWirePurchase mortgage applications gained ground last week for the first time since mid-January. The Mortgage Bankers Association (MBA) said the volume of applications for home purchases increased by 6.0 percent on a seasonally adjusted basis during the week ended February 23. The last time the index moved higher was during the week ended January 19. Overall applications volume, as measured by MBA's Market Composite Index, was up 2.7 percent on a seasonally adjusted basis...
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