Graph: MBA Applications Index over 52 Weeks
Click “read more” to see a detailed breakdown of the weekly report on mortgage demand.
U.S. mortgage applications rose for a second straight week, with demand for home refinancing loans rising to its highest level since early June.
For Week Ending: Aug 21, 2009
Total Mortgage Activity: Up 7.5 %
Mortgage Index Now: Up 566.4
Total Mortgage Activity: Up 6.3 %
One Year Ago: UP 34.1%
Refinance Activity: Up 12.7 %
Purchase Activity: Up 1.0
Percentage of Total Activity
Refinance Share: 56.5 %
One Week Earlier: 53.3 %
Adjustable-Rate Mortgage (ARM) Share: 6.5 %
One Week Earlier: 6.5 %
Source: Mortgage Bankers Association