Wood News

Low interest rates prompt rise in mortgage applictions

PORTLAND, OR , Dec. 12, 2012 (RISI) - 

Mortgage applications increased 6.2% from one week earlier, according to data from (MBA) Weekly Mortgage Applications Survey for the week ending December 7, 2012.

The Mortgage Bankers Association's Market Composite Index, a measure of mortgage loan application volume, increased 6.2% for the week ending December 7, 2012, on a seasonally adjusted basis from one week earlier.

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