mortgage rates

Mortgage Applications Have Largest Weekly Gain Since November 2008

(Jeff Sorg, OnlineEd) – On an adjusted basis, the Market Composite Index, a measure of mortgage loan application volume, increased 49.1 percent on a seasonally adjusted basis form one week earlier. On an unadjusted basis, the index increased 119 percent compared with the previous week. The refinance Index increased 66 percent from the previous week to its highest