Mortgage Apps Experience 8.7% Weekly Slide

Filling out a mortgage application.

The Mortgage Bankers Association's latest Weekly Mortgage Applications Survey reported an 8.7% decrease in applications on an adjusted basis and a 9% decrease on an unadjusted basis, for the week ending June 19, 2020.

The Mortgage Bankers Association's latest Weekly Mortgage Applications Survey reported an 8.7% decrease in applications on an adjusted basis and a 9% decrease on an unadjusted basis, for the week ending June 19, 2020.

The refinance index dipped by 12% from the previous week, though, it was still 76% higher than the same week in 2019. The seasonally adjusted purchase index dipped 3% and the unadjusted purchase index fell 4%.

Click here to read more from the MBA's Weekly Mortgage Application Survey.

This article originally appeared in the National Mortgage Professional print magazine.

 : 
Written by 
Navi Persaud
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Mortgage Apps Experience 8.7% Weekly Slide
Trends

Mortgage Apps Experience 8.7% Weekly Slide

June 24, 2020
by
Navi Persaud

The Mortgage Bankers Association's latest Weekly Mortgage Applications Survey reported an 8.7% decrease in applications on an adjusted basis and a 9% decrease on an unadjusted basis, for the week ending June 19, 2020.

The refinance index dipped by 12% from the previous week, though, it was still 76% higher than the same week in 2019. The seasonally adjusted purchase index dipped 3% and the unadjusted purchase index fell 4%.

Click here to read more from the MBA's Weekly Mortgage Application Survey.

Written by 
Navi Persaud

Navi is the Director of Online Content for American Business Media in West Hartford, Conn.

npersaud@ambizmedia.com

These articles are powered by National Mortgage Professional

Mortgage Apps Experience 8.7% Weekly Slide
June 24, 2020 1:09 PM
by
Navi Persaud
Trends

The Mortgage Bankers Association's latest Weekly Mortgage Applications Survey reported an 8.7% decrease in applications on an adjusted basis and a 9% decrease on an unadjusted basis, for the week ending June 19, 2020.

The refinance index dipped by 12% from the previous week, though, it was still 76% higher than the same week in 2019. The seasonally adjusted purchase index dipped 3% and the unadjusted purchase index fell 4%.

Click here to read more from the MBA's Weekly Mortgage Application Survey.

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