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MBA: Mortgages applications reverse trend, drop

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Mortgages applications 30-year, FRM falls four weeks straight

HousingWire

Mortgage applications fell 2.6% from one week earlier after three weeks of steady increases, the Mortgage Bankers Association’s weekly mortgage applications survey for the week ending Jan. 29 said.

Last week’s results included an adjustment for the Martin Luther King holiday.

The refinance index slightly increased 0.3% from the previous week, moving to its highest level since October 2015, while the seasonally adjusted purchase index declined 7% from one week earlier.

Continued:


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