trending Market Intelligence /marketintelligence/en/news-insights/trending/ioZYxo_n9o4Bgym5l6xNBg2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

MBA: US mortgage applications post 1st rise in 5 weeks

Banking Essentials Newsletter - November Edition

University Essentials | COVID-19 Economic Outlook in Banking: Rates and Long-Term Expectations: Q&A with the Experts

Estimating Credit Losses Under COVID-19 and the Post-Crisis Recovery

StreetTalk – Episode 70: Banks' Liquidity Conundrum Could Fuel M&A Activity


MBA: US mortgage applications post 1st rise in 5 weeks

U.S. mortgage applications rose by 3.6% on a seasonally adjusted basis in the week ended Oct. 13, the first increase in mortgage applications in five weeks, the Mortgage Bankers Association said.

On an unadjusted basis, the market composite index decreased by 7% compared to the previous week.

The refinance index rose by 3% from the previous week. The seasonally adjusted purchase index rose by 4% while the unadjusted purchase index dropped by 6% compared to the previous week.

The refinance share of mortgage activity declined to 48.6% of total applications from 49.0% the previous week, according to the latest weekly report of the MBA.