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Mortgage Applications in U.S. Rebound in Early 2019

January 09, 2019 / WPJ Staff

According to the Mortgage Bankers Association's latest Mortgage Applications Survey for the week ending January 4, 2019, Mortgage applications increased 23.5 percent from one week earlier. This week's results include an adjustment for the New Year's Day holiday. The Market Composite Index, a measure of mortgage loan application volume, increased 23.5 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index increased 68 percent compared with the previous week.