Pre-Holiday Mortgage Applications Dip Slightly, Rates Flat

Home / Blog / Pre-Holiday Mortgage Applications Dip Slightly, Rates Flat

Posted To: MND NewsWire

Purchase applications increased slightly during the week ended August 31, but overall mortgage activity fell slightly according to the Mortgage Bankers Association (MBA). Its Market Composite Index, a measure of application volume, was down 0.1 percent on a seasonally adjusted basis compared to the prior week. On an unadjusted basis the index lost 2.0 percent. Purchase mortgage activity gained 1.0 percent on a seasonally adjusted basis heading into the Labor Day weekend but was down 2.0 percent unadjusted. The unadjusted index held on to a 2.0 percent advantage over the same week in 2017. The Refinance Index fell by 1.0 percent from its level during the week ended August 24. The share of applications that were for refinancing however increased from 38.7 percent to 38.9 percent. Refi Index vs...(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

Source: http://www.mortgagen...

a453e5a5 562d 4122 9e2f f4726adda004 0d3ee479 b9f4 4e5d b69f cad574fb240a 2082a251 54d2 48cb b74a 1a3c794f92dc d60365a3 0545 47f0 aab4 a2a86dccce03 cb3e9dbd e75a 4b6d 88dd 17cc78932efb 12bf67d4 22f3 469f b6bf 71db176248dc fccc405e 8e9d 4c35 bca1 a33c6a0cd16a e01eabce be36 471e 9fad 330f20fc5d18 e8331623 5126 4ef9 bb4f c9abca2a3310 e6be7656 d46b 497c 85f3 c23900f4021c db60c616 d040 49e0 93f5 b34ee8525f30 40f526b0 5578 474d 9520 4e02743bebdb 7d8ebb98 6927 42a9 b1c0 742287b66c38 a6fe06ba b8d4 4f60 ba4f c62c368df97f b9f7c683 e1dd 4c3b b186 98930bbaf101 200eb228 d41c 4ef1 a7ff 1bf47e749578 e230a05d b2d8 4636 962b 0ac107e5cc30 e27059af 0bcb 4629 b57c 5c9479c045d6 2df3c5a0 6b90 44d2 9224 7855c55973bb b561e70a b020 4c90 96b4 fea31b37cdee 0148ed03 57d5 4165 9734 9414126ee4b0 9635f387 1b73 48b8 b86a 7ccb61fc97fc b9b2b866 a83b 4eae adae 24d399c1ffb5