Questions? Let's Talk: 877.762.4375

Mortgage Loan Demand Up 1.3 Percent Last Week

Mortgage Loan Demand Up 1.3 Percent Last Week

| Oct 12, 2011 | Housing Market

According to the mortgage Bankers Association’s Weekly Applications Survey, the Market Composite Index, which measures total mortgage loan application volume, rose 1.3 percent last week from the previous week. The Refinance Index was up 1.3 percent and the Purchase Index increased 1.1 percent from the week before. The gains were driven by improvements in the government loan category, though the conventional purchase and refinance indexes also rose. The average Contract interest rate for 30-year fixed-rate mortgages with Conforming loan balances increased to 4.25 percent and the average 30-year rate for jumbo loans was up to 4.59 percent from 4.49 percent the previous week. More here.

"Story Time" Newsletters

  • Warmup with These Popular Colorado January Events

    Read More
  • December 2023 Guide To Holiday Light Shows, Santa Visits, Seasonal Food & Drink, Parades, And More!

    Read More
  • PIONEERING WOMEN OF BOULDER, CO

    Read More
  • Fantastic Fall Fun Events in Colorado

    Read More
  • CARNEGIE LIBRARIES: The Future Made Bright

    Read More
  • Celebrate Colorado Peaches and their History at these 3 Festivals!

    Read More
  • Colorado Wine – Rooted in History

    Read More
  • 13,000-year-old stone tool cache still on exhibit at CU-Boulder

    Read More
  • The Original Coloradans: Colorado’s Native American History

    Read More
  • 12 Cool & Unusual Things to Do this Summer in Colorado

    Read More

Get a Quote

Will be happy to respond