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Mortgage Applications Drift Sideways; Purchases Still Dominating

(Mortgage News Daily) - 10 months, 2 weeks ago
 Posted To: MND NewsWireOn one hand it could be said that mortgage application volume declined last week for the third straight week. Or, one could conclude that the changes were so insignificant that they hardly matter. The Mortgage Bankers Association said its Market Composite Index, a measure of mortgage loan application volume, dipped 0.4 percent on a seasonally adjusted basis during the week ended May 4 and was unchanged from the previous week on an unadjusted basis. The seasonally adjusted ...
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