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MBA: Purchase applications increase, loan applications fall slightly

Apr 09, 2014
In its Weekly Mortgage Applications Survey for the week ending April 4, 2014, the Mortgage Bankers Association (MBA) reported that the volume of mortgage loan applications fell 1.6 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the index fell 1 percent compared with the previous week.

The Refinance Index fell 5 percent from the previous week, while the Purchase Index rose 3 percent.

To read the entire MBA press release, click here.
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