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Mortgage applications fall during first full week of August

Aug 13, 2014
In its Weekly Mortgage Applications Survey for the week ending August 8, 2014, the Mortgage Bankers Association (MBA) reported that the volume of mortgage loan applications fell 2.7 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the index fell 3 percent compared with the previous week. 

Both the Refinance Index and the Purchase Index also decreased in the weekly survey, falling 4 percent and 1 percent respectively.

To read the entire MBA press release, click here.
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