Mortgage apps multiply

Real estate brief

Inman News

Mortgage applications grew 7.5 percent last week on a seasonally adjusted basis from the week before, boosted by a surge in purchase loans, the Mortgage Bankers Association reported today.

The purchase-loan index component rose 10.5 percent Aug. 22-29, followed by a 2.1 percent increase in the refinance index, according to MBA. The government purchase index comprised largely of FHA loans jumped 19.9 percent.

more...

To continue reading sign in to your Premium Member account.

Premium Members have full access to news archives.

Inman Premium Membership

Buy Now $149.95/yr

Advertise with Inman