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Mortgage applications fall during holiday week

Dec 04, 2013
In its Weekly Mortgage Applications Survey for the week ending November 29, 2013, the Mortgage Bankers Association (MBA) reported that the volume of mortgage applications fell 12.8 percent from one week earlier. This includes an adjustment for the Thanksgiving holiday. On an unadjusted basis, the index fell 40 percent from the previous week. 

Both the Refinance Index and Purchase Index both decreased, falling 18 percent and 4 percent respectively.

To read the entire MBA press release, click here.
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