Tag Archives: refinancings

Mortgage applications fell 4.5% for the week ending Feb. 17 on lower refinance activity and fewer home purchases, an industry trade group said. The Mortgage Bankers Association said its market composite index — a measure of mortgage application loan volume — fell 4.5% from the previous week, while the refinance index fell 4.8%. In addition, the seasonally adjusted purchase index declined 2.9% from a week earlier. The refinance share of mortgage activity also declined to 80.1% of total applications, down from 81.1% the previous week. MBA says 57.2% of applications […]