There was less interest from borrowers for purchase loans and refinancing.
The post Mortgage Application Activity Continues to Decline appeared first on Weekly Real Estate News.
Mortgage Application Activity Continues to Decline
Mortage News
Mortgage Application Volume Up Slightly During Holiday Week
The Mortgage Bankers Association (MBA) reports a slight increase in the volume of mortgage applications during the week ended July 7. MBA’s seasonally adjusted Market Composite Index increased 0.9 percent on a seasonally adjusted basis […]
Mortage News
Mortgage Application Volume Responds Quickly to Recent Rate Drop
Mortgage applications increased last week for the fifth time in six weeks. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of mortgage loan application volume, increased 5.3 percent on a seasonally […]
Mortage News
Mortgage Application Volume Deflated by Rising Rates
The volume of mortgage applications, which had risen by more than 6 percent the prior week lost nearly all those gains during the week ended May 12. The Mortgage Bankers Association said its Market Composite […]