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Mortgage application decrease in weekly survey

Feb 12, 2015
In its Weekly Mortgage Applications Survey for the week ending February 6, 2015, the Mortgage Bankers Association (MBA) reported that the volume of mortgage loan applications fell 9 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the index fell 7 percent compared with the previous week. 

Both the Refinance Index and the Purchase Index also decreased in the weekly survey, falling 10 percent and 7 percent respectively from the week prior. 

To read the entire MBA press release, click here.
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