Despite Week Decrease, Mortgage Applications Up From Last Year

June 1, 2017 Brianna Gilpin

According to the latest Mortgage Bankers Association weekly survey ending May 31, 2017, mortgage applications decreased since last week’s report. The Market Composite Index, a measure of mortgage loan application volume, decreased 3.4 percent on a seasonally adjusted basis. Unadjusted, the Index decreased 4 percent and the Refinance Index decreased 6 percent. The seasonally adjusted ...

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