MBA: Mortgage Purchase Application Index Decreased in Latest Survey

MBA: Mortgage Purchase Application Index Decreased in Latest Survey

Refinance Index decreased 5.2 percent from the previous week. The seasonally adjusted Purchase Index decreased 0.8 percent from one week earlier. ... "Interest rates continued to fall last week, driven by the latest Federal Reserve actions to invest in longer-term Treasury and mortgage securities, but potential borrowers largely remained on the sidelines, seemingly unimpressed by the lowest (by ...

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