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Mortgage Applications on the Rise for Second Straight Week

mortgage application

CNBC’s Diana Olick released a video report on Wednesday revealing that the number of mortgage applications submitted to lenders – both to the big banks and non-bank lenders – is on the rise for the second straight week.

According to Olick, the total number of applications was up 4.6 percent this week, and that includes a 6 percent increase in the number of applications to buy (as opposed to 4 percent to refinance) a home.

With these new numbers, Olick also revealed that the number of applications sent to non-bank lenders has more than doubled over the past four years.

Image via flickr/Flazingo Photos

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