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MBA weekly survey shows mortgage applications fall

Nov 07, 2013
In its Weekly Mortgage Applications Survey for the week ending November 1, 2013, the Mortgage Bankers Association (MBA) reported that the volume of mortgage loan applications decreased 7 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the index fell 8 percent compared with the previous week.

Both the Refinance Index and the Purchase Index also fell in the weekly survey, falling 8 percent and 5 percent respectively.  

To read the entire MBA press release, click here.
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