Mortgage Applications Increase in Mid-June

Source: The World Property Journal — 

New data from the Mortgage Bankers Association’s latest Weekly Mortgage Applications Survey for the week ending June 11th has revealed U.S. mortgage applications increased 4.2 percent from one week earlier.

The Market Composite Index, a measure of mortgage loan application volume, increased 4.2 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index increased 15 percent compared with the previous week.