Sunday, 7 August 2022 | The Latest Buzz for the Appraisal Industry

Mortgage Loan Application Volume Continues Slow Increase

Mortgage Bankers Association’s (MBA) latest Weekly Mortgage Applications Survey shows mortgage applications increased 0.7% on a seasonally adjusted basis from one week earlier, according to data for the week ending June 24, 2022. On an unadjusted basis, the Market Composite Index decreased 20% compared with the previous week. This week’s results include an adjustment for the observance of the Juneteenth holiday.

The Refinance Index increased 2% from the previous week and was 80% lower

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