“Mortgage Applications” Fell Last Week?

Nationally, the Mortgage Bankers Association’s index of loan application volume slipped 1.8 % for the week ended Aug. 3. 2012. Seems in line with our region, what about yours?

The group’s gauge of requests for purchase loans declined 1.4 percent, while refinancing applications were down 1.9 percent.

The MBA noted that the refi share of total mortgage activity held steady from the week before, at 81.2 percent of total applications.

Source: “US Mortgage Applications Fell Last Week” CNBC News (08/08/12)

2 thoughts on ““Mortgage Applications” Fell Last Week?”

  1. hey great stuff, thank you for sharing this useful ‘s a Very good, very useful to me, Thank you very much post.

  2. Bud Zeller

    We appreciate your compliment, Bud & Douglas

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