Home-Loan Application Volumes Continue to Fall

The Mortgage Bankers Association said seasonally adjusted applications for home loans fell 6.7% last week compared with the previous week. On an unadjusted basis, the Market Composite Index, a measure of mortgage loan application volume, decreased 6.3% compared with the previous week. Home-purchase applications declined 4.7%, and refinance activity was down 7.7% to its lowest level since Feb. 11, according to Wednesday’s report.

Jasper - The Real Deal!

Risk Our Money Not Yours | Get 50% Off Any Account!

Disclaimer: This page contains affiliate links. If you choose to make a purchase after clicking a link, we may receive a commission at no additional cost to you. Thank you for your support!

Be the first to comment

Leave a Reply

Your email address will not be published.


*

This site uses Akismet to reduce spam. Learn how your comment data is processed.