Weekly Mortgage Applications Survey
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Definition of 'Weekly Mortgage Applications Survey'
The Weekly Mortgage Applications Survey (WMAS) is a report published by the Mortgage Bankers Association (MBA) that provides information on the volume and interest rates of mortgage applications. The survey is conducted on a weekly basis and covers applications for both purchase and refinance mortgages.
The WMAS is a valuable resource for both consumers and industry professionals. For consumers, the survey can help them to track trends in mortgage rates and to make informed decisions about when to apply for a mortgage. For industry professionals, the survey can provide insights into the current state of the mortgage market and can help them to make better business decisions.
The WMAS is based on data collected from a sample of mortgage lenders. The lenders in the sample are asked to provide information on the number and dollar volume of mortgage applications that they received during the week. The lenders are also asked to provide information on the interest rates that they offered on these applications.
The WMAS is published on a weekly basis on the MBA website. The survey is also available in a variety of formats, including a PDF report, an Excel spreadsheet, and an interactive web tool.
The WMAS is a valuable resource for anyone who is interested in the mortgage market. The survey provides timely and accurate information on mortgage applications, interest rates, and other key metrics. The WMAS can be used to track trends in the mortgage market, to make informed decisions about when to apply for a mortgage, and to better understand the current state of the mortgage market.
The WMAS is a valuable resource for both consumers and industry professionals. For consumers, the survey can help them to track trends in mortgage rates and to make informed decisions about when to apply for a mortgage. For industry professionals, the survey can provide insights into the current state of the mortgage market and can help them to make better business decisions.
The WMAS is based on data collected from a sample of mortgage lenders. The lenders in the sample are asked to provide information on the number and dollar volume of mortgage applications that they received during the week. The lenders are also asked to provide information on the interest rates that they offered on these applications.
The WMAS is published on a weekly basis on the MBA website. The survey is also available in a variety of formats, including a PDF report, an Excel spreadsheet, and an interactive web tool.
The WMAS is a valuable resource for anyone who is interested in the mortgage market. The survey provides timely and accurate information on mortgage applications, interest rates, and other key metrics. The WMAS can be used to track trends in the mortgage market, to make informed decisions about when to apply for a mortgage, and to better understand the current state of the mortgage market.
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