The Mortgage Bankers Associated noted that its market composite index – a measure of loan application volume – dropped 11.7%.
The steep drop is tied to a 15.3% decline in the refinancing index. Meanwhile, the seasonally [...]
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Wednesday, November 30, 2011
Mortgage applications plummet 11.7%
Mortgage applications plummet 11.7%: Mortgage applications fell 11.7% this past week as demand for refinanced loans cooled across the country, an industry trade group said.
The Mortgage Bankers Associated noted that its market composite index – a measure of loan application volume – dropped 11.7%.
The steep drop is tied to a 15.3% decline in the refinancing index. Meanwhile, the seasonally [...]
The Mortgage Bankers Associated noted that its market composite index – a measure of loan application volume – dropped 11.7%.
The steep drop is tied to a 15.3% decline in the refinancing index. Meanwhile, the seasonally [...]
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