Mortgage Bankers Association say mortgage applications down last week

US  mortgage applications are down last week again as they fell 5.2 percent last week

Mortgage Bankers Association say mortgage applications down last week

Mortgage Bankers Association say mortgage applications down last week

More details  MBA – quote – “Refinance activity, already constrained by a smaller pool of eligible borrowers, declined in response to the higher rates, but purchase applications picked up appreciably in the week before the July 4th holiday.”

The Mortgage Bankers Association (MBA) is the national association representing the real estate finance industry, an industry that employs more than 280,000 people in virtually every community in the country. Headquartered in Washington, D.C., MBA invests in communities across the nation by ensuring the continued strength of the nation’s residential and commercial real estate markets; expanding homeownership and extending access to affordable housing to all Americans and supporting financial literacy efforts. _

Contact Details

MBA –  Mortgage Bankers Association

http://www.mbaa.org/default.htm

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