The Mortgage Bankers Association (MBA) reported a modest gain of 1.3% in mortgage application activity for the week ending October 7, with both purchase and refinancing activity higher. 

The Refi Index rose 1.3% to ~4072 with refinancing share as a percent of total applications holding steady at 79.1%.  Meanwhile, the Purchase Index increased 1.2%.  

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.