The Mortgage Bankers Association released its weekly Mortgage Applications Survey this morning, showing double digit increases in mortgage applications for the week ending October 2, 2009.

The Market Composite Index, which measures mortgage loan application volume, increased 16.4 percent on a seasonally adjusted basis from one week earlier.

The MBA's Refinance Index, which measures refinance activity, increased 18.2 percent from the previous week. The seasonally adjusted Purchase Index, which measures home mortgage volumes for home purchases, increased 13.2 percent from one week earlier.

Read more: Current Mortgage Rates October 9, 2009

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