Digital mortgage

Refinance Popularity Drives Up Mortgage Apps, But Will It Last? 

Mortgage loan application volume rose across the board while purchase indexes decreased for the week ending Dec. 12, according to the weekly application survey released Wednesday by the Mortgage Bankers Association. The composite index of mortgage applications across the market came in at 841.4, an adjusted 2.9 percent increase over the previous week. On an unadjusted basis, the index increased 2.9 percent over last week and 37.3 percent over the same week last year.