Mixed Signals Net Decrease in Mortgage Applications Activity This Week

by Beth McGuire

The Mortgage Bankers Association is pointing to a combination of economic and geopolitical forces ultimately netting a decrease in mortgage application activity this week.  The latest Market Composite Index from the MBA—its measure of mortgage loan activity volume and includes purchases and refinances—shows application activity decreasing 3.8% on a seasonally adjusted basis from a jump…

The post Mixed Signals Net Decrease in Mortgage Applications Activity This Week appeared first on RISMedia.

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