MBA: Mortgage applications fall again, decrease 1.3%

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according to a new report from the Mortgage Bankers Association, providing another sign the housing market is slowing. The decline was led by a 5 percent drop-off in purchase applications to a nearly.

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"Mortgage rates generally fell, but not as low as they had in 2016," said Joel Kan, an MBA economist. "Borrowers potentially looking at a refinance might be waiting for a much bigger decrease in order to act." Mortgage applications to purchase a home fell 3 percent for the week and are just 4 percent higher than one year ago. Annual gains in.

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Mortgage applications fall again, as borrowers wait for even lower rates. an MBA economist. "Borrowers potentially looking at a refinance might be waiting for a much bigger decrease in order to.

The benchmark 30-year fixed mortgage rate fell to 4.06 percent this week, down from 4.20 a week ago, according to Banrkate’s latest survey of the nation’s largest mortgage lenders. That’s. MBA: Mortgage applications fall again, decrease 1.3% The dow fell 1.2 % for the week while the S&P 500 lost 1.3% and the nasdaq fell 2.4%.

The slide came off the back of an 11% fall in the week ending 5 th April. The share of refinance mortgages fell from 44.1% to 41.5%, following a decrease from 47.4% to 44.1% in the week prior..

Mortgage Loan Rates Fall to 2-Year Low, Mortgage Applications Rise Only Slightly. MBA) released its weekly report on mortgage applications Wednesday morning, noting an increase of 1.3% in the.

The Mortgage Bankers Association Purchase Index rose 1.3% The Mortgage Bankers Association, or MBA, Purchase Index increased 1.3% in the week ended December 5 despite a strong bond market sell-off.

MBA: Mortgage applications fall again, decrease 1.3% The Mortgage Bankers Association (MBA) released its report on mortgage applications Wednesday morning, noting a week-over-week decrease of 1.3% in the group’s seasonally adjusted composite index.