Saturday, 21 May 2022 | The Latest Buzz for the Appraisal Industry

Latest MBA Weekly Survey Shows Mortgage Application Decrease

Mortgage applications have decreased 6.3% from one week earlier, according to data from the Mortgage Bankers Association‘s (MBA) Weekly Mortgage Applications Survey for the week ending October 15, 2021.

The Market Composite Index, a measure of mortgage loan application volume, decreased 6.3% on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index decreased 6% compared with the previous week. The Refinance Index decreased 7% from the previous week and

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