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Refinance Apps Improve as Rates Plumb Post-Election Lows

(Mortgage News Daily) - 3 months ago
 Posted To: MND NewsWireDespite a slight uptick in applications for refinancing, the Mortgage Bankers Association (MBA) reports a downturn in overall application volume during the week ended April 14. MBA said that its Market Composite Index, a measure of that volume, declined by 1.8 percent on a seasonally adjusted basis and was off from the previous week by 2.0 percent unadjusted. Last week the adjusted index had gained 1.5 percent, after three straight weeks of losses. MBA said its indexes wer...
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