Tuesday, 17 May 2022 | The Latest Buzz for the Appraisal Industry

Mortgage Applications Decreased at End of 2021, MBA Survey Shows

Mortgage applications decreased 2.7% from two weeks earlier, according to data from the Mortgage Bankers Association‘s (MBA) Weekly Mortgage Applications Survey for the week ending December 31, 2021. The results include adjustments to account for the holidays.  

The Market Composite Index, a measure of mortgage loan application volume, decreased 2.7% on a seasonally adjusted basis from two weeks earlier. On an unadjusted basis, the Index decreased 32% compared with the two weeks ago. The

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