HousingWire tells MHProNews mortgage applications fell 2.2 percent for the week ending Nov. 16, according to the Mortgage Bankers Association (MBA). Meanwhile, the refinance index dropped three percent from the previous week as refinancing activity comprised 81 percent of all loan applications, the same number as the previous week. The purchase index on a seasonally-adjusted basis increased three percent from a week earlier.
(Image credit: HousingWire)
Categories: Business, Economy, Finance, home buyers, News Item adjusted basis, loan applications, MBA, MHProNews, mortgage applications, Mortgage Bankers Association, purchase index, refinancingSource: http://www.mhmarketingsalesmanagement.com/blogs/daily-business-news/mortgage-apps-fall-2/
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