Weekly Mortgage Applications Survey

The Weekly Mortgage Applications Survey is a weekly survey (go figure) conducted by the Mortgage Bankers Association (MBA; not to be confused with the ever-popular Master of Business Administration degree) to give an update to the world on the U.S.’s mortgage application stats.

This survey has been going since 1990, and is now considered a leading indicator for the housing market and mortgage finance market. Even if you don’t have a mortgage, the info in the Weekly Mortgage Applications Survey no doubt affects you if you live in the U.S. (remember the housing bubble that burst in late 2007?). No big deal.

The Weekly Mortgage Applications Survey reports on new home purchases, mortgages, and refinancing by type, such as fixed-rate vs. variable-rate mortgages, and conventional vs. governmental mortgages.