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US mortgage applications up as interest rates hold steady

US mortgage applications up as interest rates hold steady

Mortgage applications increased 13.5 percent in the week ended Friday – its highest level since February 2018, the Mortgage Bankers Association said Wednesday.

FoxBusiness

On an unadjusted basis, the association’s Market Composite Index increased 45 percent compared with the previous week.

More info at REJournals:
US mortgage applications up as interest rates hold steady

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MBA

The Mortgage Bankers Association (MBA) is the national association representing the real estate finance industry, an industry that employs more than 280,000 people in virtually every community in the country. Headquartered in Washington, D.C., the association works to ensure the continued strength of the nation’s residential and commercial real estate markets; to expand homeownership and extend access to affordable housing to all Americans. MBA promotes fair and ethical lending practices and fosters professional excellence among real estate finance employees through a wide range of educational programs and a variety of publications. Its membership of over 2,400 companies includes all elements of real estate finance: mortgage companies, mortgage brokers, commercial banks, thrifts, Wall Street conduits, life insurance companies and others in the mortgage lending field.

Contact:

Mortgage Bankers Association
1331 L Street, NW
Washington, DC 20005

Phone: (202) 557-2700