Mortgage applications fall in weekly survey

In its Weekly Mortgage Applications Survey for the week ending November 21, 2014, the Mortgage Bankers Association (MBA) reported that the volume of mortgage loan applications fell 4.3 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the index rose 5 percent compared with the previous week. Both the Refinance Index and the Purchase Index fell in the weekly survey, decreasing 4 percent and 5 percent respectively.

To read the entire MBA press release, click here.