The MBA reported that week-over-week applications in New Jersey doubled, while business in New York and Connecticut jumped by 60%.
Nationwide, new applications rose 12.6% on a sequential basis. During the first week of the hurricane business fell 5%.
Meanwhile, refinancings as a percentage of the business increased to 81% from 80% the week before.
Rates remained low with mortgage bankers offering 30-year conventional FRMs at 3.52% during the week, a slight decline from the week before when the reading was 3.61%.
The MBA says its survey covers over 75% of all retail mortgage lenders in the U.S.