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Mortgage Applications Slip in Latest Week

Mortgage News > Mortgage Applications Slip in Latest Week
Date: 03/06/2019    Mortgage Applications Slip in Latest Week

Potential U.S. mortgage borrowers held back this past week, according to the Mortgage Bankers Association, with the MBA mortgage application volume index falling 2.5% from the previous week and 2% from the year before. Demand for refinance loans declined 2% and home purchase loan demand fell 3%. Those looking for home purchase funds were in the higher price range. The average loan size request reached a record high this week.

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