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Mortgage applications continue to fall in October

Oct 14, 2015
In its Weekly Mortgage Applications Survey for the week ending October 9, 2015, the Mortgage Bankers Association (MBA) reported that the volume of mortgage loan applications fell 27.6 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the index fell 27 percent compared with the previous week. 
 
Both the Refinance Index and the Purchase Index also fell from one week earlier, decreasing 23 percent and 34 percent respectively. 
 
To read the entire MBA press release, click here
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New York home sales reach second-highest October total

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