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Mortgage Applications: Purchase Volume Declines, Refis Stabilize

(Mortgage News Daily) - 8 months, 1 weeks ago
 Posted To: MND NewsWireIt was another week of decline for mortgage applications as those for home purchase slid for the fifth week in a row. The overall volume of applications, as measured by the Mortgage Bankers Association's (MBA's) Market Composite Index, declined by 2.0 percent on a seasonally adjusted basis during the week ended August 10. On an unadjusted basis the volume lost 3 percent compared to the prior week. The seasonally adjusted Purchase Index decreased by 3 percent and ...
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