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March Application Volume Ended on Sour Note

(Mortgage News Daily) - 8 months, 2 weeks ago
 Posted To: MND NewsWireThe strong showing for both refinancing and purchase applications during the week ended March 23 didn't last, with both reversing course last week. The Mortgage Bankers Association said its Market Composite Index, a measure of mortgage loan application volume, decreased 3.3 percent on a seasonally adjusted basis during the week ended March 30, and was down 3 percent on an unadjusted basis. While MBA did not make any holiday related adjustments to its data, both Passov...
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