According to the Latest MBA Survey Mortgage Applications are Dropped

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In: Mortgage News

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The premium in selling a home slipped last week, as indicated by the Mortgage Banker Association’s (MBA) Market Composite Index.  For the week finishing February 4, 2020, contract applications diminished 8.1% on an occasionally changed premise from a multi-week earlier. Continue Reading

Mortgage applications have dropped 4%

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In: Mortgage News

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While the rates for 30-year fixed mortgages rose from 3.15% to 3.18%, mortgage applications have fallen on a seasonally adjusted week-over-week basis by 4.2%. On the other hand, the numbers dropped by 4% on an unadjusted basis. The refinance indexContinue Reading

MBA Weekly Survey Shows Decline In Mortgage Applications

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In: Mortgage News

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Last updated on December 26th, 2022 at 09:34 pmA measure of mortgage loan application volume is the Market Composite Index, on a seasonally adjusted basis, the index decreased 11.4 % from the previous week.  The Index decreased 10 % onContinue Reading

Mid October Sees Decrease In Mortgage Applications

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In: Mortgage News

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Last updated on February 3rd, 2021 at 11:51 amAccording to the Mortgage Bankers Association’s latest Weekly Mortgage Applications Survey, for the week ending October 16, 2020, U.S. Mortgage applications decreased 0.6 % from the week earlier. The Market Composite Index, a measure ofContinue Reading

In Spite Of Lower Interest Rates The Mortgage Applications In US Falls

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In: Mortgage News

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Last updated on February 3rd, 2021 at 11:31 amEven as the interest rates continue to be record low the demand for new mortgages and refinancing fell last week in the US since pent-up demand is easing. According to a weeklyContinue Reading