DEFINITION of 'Weekly Mortgage Applications Survey'
A survey established to provide current information regarding real estate market financing. The Weekly Mortgage Applications Survey contains statistical information on the previous week's mortgage activity. The website is used by real estate investors and anlaysts to assist them to keep up-to-date on market trends and help them make decisions on the purchase, or sale, of invesment property.
BREAKING DOWN 'Weekly Mortgage Applications Survey'
The Mortgage Bankers website that publishes the survey contains readily available data reaching back to 1990. If data prior to 1990 is required, it can be ordered for a fee on top of the subscription fee. While most investors are interested in the current mortgage statistics, some investors may look to the historical data to analyze past trends.