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 Reaches Five-Week High
Even though mortgage interest rates changed only slightly, the volume of mortgage applications moved higher for the second time in as many weeks. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure […]
Weely Real Estate News
Refinances Fuel Uptick in Mortgage Application Activity
Mortgage application activity was on the rise again, according to data from the Mortgage Bankers Association (MBA) for the week ending Dec. 8. The MBA’s Market Composite Index was up by 7.4% on a seasonally […]
Housing
Mortgage Application Volume Declines Further, ARM Shares Increase
Mortgage application volume moved lower for the third consecutive time during the week ended October 27 , losing another 2.1 percent on a seasonally adjusted basis. The Mortgage Bankers Association (MBA) reported a 3.0 percent […]