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Mortgage applications fall in weekly survey

Nov 06, 2014
In its Weekly Mortgage Applications Survey for the week ending October 31, 2014, the Mortgage Bankers Associations (MBA) reported that the volume of mortgage loan applications fell 2.6 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the index decreased 3 percent compared with the previous week.

The Refinance Index also decreased, falling 6 percent, while the Purchase Index increased 3 percent from one week earlier.

To read the entire MBA press release, click here.
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