Mortgage Apps Fall Nearly 5% Week-Over-Week

Econ & Housing

According to the Mortgage Bankers Association (MBA), mortgage applications decreased 4.6% from one week earlier, according to its Weekly Mortgage Applications Survey for the week ending May 19, 2023. The MBA’s Refinance Index fell 5% from the previous week, and was 44% lower than the same week one year ago. The seasonally adjusted Purchase Index…

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