Mortgage Applications Down in High-Rate Environment

Wednesday, April 24, 2024

After a couple of weeks of increases, mortgage applications fell 2.7% from last week’s increase of 3.3%, according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association’s (MBA) for the week ending April 19, 2024.  This week’s numbers: The Market Composite Index, a measure of mortgage loan application volume, decreased 2.7% on…

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