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Mortgage applications fall in latest weekly survey

Jan 06, 2014
In its Weekly Mortgage Applications Survey for the week ending December 20, 2013, the Mortgage Bankers Association (MBA) reported the volume of mortgage loan applications fell 6.3 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the index decreased 7 percent compared with the previous week.

Both the Refinance Index and the Purchase Index also fell, decreasing 8 percent and 4 percent respectively.

To read the entire MBA press release, click here.
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