fha mortgage loans, local mortgage broker, midwest family lending

(515) 252-7107

APPLY NOW!

Mortgage Industry News

« Return to Mortgage Industry News

Purchase Applications Strengthen; Refis Wallow at Long-Term Lows

Wednesday, March 14, 2018

Purchase mortgage applications held their ground for the third consecutive week, pushing the Mortgage Banker Association's Market Composite Index a bit higher.  The Index, a measure of mortgage loan application volume, increased 0.9 percent on a seasonally adjusted basis during the week ended March 9.  The Index increased 2 percent on an unadjusted basis.

There was a 3 percent gain in the seasonally adjusted Purchase Index. The unadjusted Purchase Index increased 5 percent compared with the week ended March 2 and was 3 percent higher than the same week one year ago.

Read Full Article

Testimonial

Charlie made the process of buying and selling from 1500 miles away comfortable and manageable. He kept our stress levels down and confidence high. He was always pleasant to engage with.
Dani W.