Purchase Applications Drive Increase in MBA Weekly Survey

Mortgage applications edged up for the second straight week, driven by strong purchase application activity, the Mortgage Bankers Association reported in its Weekly Mortgage Applications Survey for the week ending May 8.

Purchase Applications Drive Increase in MBA Weekly Survey

Mortgage applications edged up for the second straight week, driven by strong purchase application activity, the Mortgage Bankers Association reported this morning in its Weekly Mortgage Applications Survey for the week ending May 8.

Mortgage Credit Availability Falls to 6-Year Low

Mortgage credit availability fell sharply in April for the second straight month, to a six-year low, the Mortgage Bankers Association reported this morning.