| Jan 18, 2012 10:19AM Mortgage applications jumped 23.1 percent on a seasonally adjusted basis during the week ended January 13, 2012. The increase in the Market Composite Index, a measure of loan application volume maintained by the Mortgage Bankers Association (MBA) reflected improvements in both the purchase and refinance business following the traditionally slow Christmas and New Year holiday period. On an unadjusted basis the index increased 38.1 percent. The Refinance Index increased 26.4 percent from the week ended... Jan 18, 2012 11:29AM Home builder confidence rose in January for the fourth consecutive month as builders saw more buyer traffic and anticipated higher sales. The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) rose four points to 25 in January to reach its highest level since June 2007. Each of the three components of the HMI also increased for the fourth month and the improved confidence was evident across every region of the country. The HMI is the result of a monthly survey of...
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