MBA: Mortgage Application Rates Plummet Nearly 7% From Last Week
On an unadjusted basis, the Index decreased 17% compared with the previous week.
On an unadjusted basis, the Index decreased 17% compared with the previous week.
According to the latest Mortgage Bankers Association weekly mortgage application survey, applications decreased by 2.3% from last week.
The national median payment applied for by applicants jumped 8.8% in April to $1,889 from $1,736 in March.
Adam DeSanctis promoted from role as director of public affairs.
Applications fell 1.2% from a week earlier.
MBA predicts 2022 will still be a record year for purchase volume