mortgage loan Rates Slip as Applications Fall
The latest Mortgage Bankers Association report on mortgage applications noted a week-over-week decrease in the group's seasonally adjusted composite index for the week ending March 13.
The latest Mortgage Bankers Association report on mortgage applications noted a week-over-week decrease in the group's seasonally adjusted composite index for the week ending March 13.
A tiny pullback in interest rates did nothing to improve mortgage application volume. The total tally fell 3.9 percent for the week ending March 13th from the previous week, according to the Mortgage Bankers Associations (MBA). The numbers are seasonally adjusted.
A tiny pullback in interest rates did nothing to improve mortgage application volume. The numbers are seasonally adjusted.
The Mortgage Bankers Association weekly report on mortgage applications noted a decrease in the group's seasonally adjusted composite index for the week ending March 6.
A sharp jump in mortgage rates last Friday took its toll on home lending, leaving mostly high-end home buyers on the playing field.
A sharp jump in mortgage rates last Friday took its toll on home lending, leaving mostly high-end home buyers on the playing field.
The latest MBA report on mortgage applications noted a week-over-week increase in the group’s seasonally adjusted composite index for the week ending February 27.
Mortgage demand seems to be suffering from a lack of reason to refinance and a lack of homes for sale.
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