Loan applications up 4.5 percent in early January

Printer-friendly versionSend by email

For the week of Jan. 6, 2012, mortgage loan applications rose 4.5 percent from the previous week, according to the Mortgage Bankers’ Assocation’s latest report.

January 16, 2012
Mortgage applications, increase, January, Mortgage Bankers Association, MBA

Mortgage applications, increase, January, Mortgage Bankers Association, MBA

For the week of Jan. 6, 2012, mortgage loan applications rose 4.5 percent from the previous week, according to the Mortgage Bankers’ Assocation’s latest report.



The 4.5 percent change is the adjusted rate; unadjusted, there was a 34.4 percent increase in mortgage applications just after the new year.



The MBA also stated that the average interest rate for 30-year fixed-rate mortgages with conforming loan balances increased by .04 percent to 4.11; the rate for those same mortgages with jumbo loan balances decreased from 4.41 percent to 4.34 percent.



Read the rest of the story here.

Comments on: "Loan applications up 4.5 percent in early January"

September 2016

This Month in Professional Builder

Features

No one wants to hear about how great it was 30 years ago. Experience is one thing, but relevance is just as important. 

Overlay Init