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Rate Reversal Helps Market Share for Refinances

(Mortgage News Daily) - 10 months, 2 weeks ago
 Posted To: MND NewsWireMortgage application activity was generally muted last week accoording to the Mortgage Bankers Association (MBA). Where there were changes in the MBA's Market Composite Index, they were small and without much direction. The Index, a measure of mortgage loan application volume, was unchanged on a seasonally adjusted basis from one week earlier, the first time since at least mid-2013 that the index has failed to make even a fractional move. On an unadjusted basis the in...
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