Friday, March 29, 2024 | The Latest Buzz for the Appraisal Industry

Weekly Mortgage Application Data: It’s Like You’d Expect With Rates in The 7’s

There was a slight increase in refinancing during the week ended October 21, but overall mortgage applications fell for the fifth straight week. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of mortgage loan application volume, decreased 1.7 percent on a seasonally adjusted basis from one week earlier and was down 2 percent on an unadjusted basis. The seasonally adjusted Purchase Index drifted down another 2 percent and was 3 percent

This post was originally published on this site

Brent Bowen

Loosening The Knot

Something that I like to do is to research the etymology of various words. This is essential in understanding older/historical texts, so that you can

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