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Mortgage Applications in U.S. Rise in Late November

December 05, 2018 / WPJ Staff

According to the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending November 30, 2018, U.S. mortgage applications increased 2.0 percent from one week earlier. The results for the week ending November 23, 2018, included an adjustment for the Thanksgiving holiday. The Market Composite Index, a measure of mortgage loan application volume, increased 2.0 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index increased 42 percent compared with the previous week.