MBA : Mortgage Applications decrease

MBA : Mortgage Applications decrease

The Refinance Index decreased 8 percent from the previous week. The seasonally adjusted Purchase Index decreased 4 percent from one week earlier . ... The refinance share of mortgage activity decreased to 75 percent of total applications from 76 percent the previous week.The refinance share has decreased for ten straight weeks and is at its lowest level since early May 2012. ... The HARP share ...

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