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Mortgage applications fall slightly, refinance applications increase in weekly survey

Jul 15, 2015
In its Weekly Mortgage Applications Survey for the week ending July 10, 2015, the Mortgage Bankers Association reported that the volume of mortgage loan applications fell 1.9 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the index increased 9 percent compared with the previous week. The prior week’s results included an adjustment for the July 4th holiday.
 
The Refinance Index increased 4 percent from the previous week, while the Purchase Index fell 8 percent from one week earlier.
 
To read the entire MBA press release, click here.
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