In
its Weekly Mortgage Applications Survey for the week ending Feb. 19, 2016, the
Mortgage Bankers Association (MBA) reported that the volume of mortgage loan
applications fell 4.3 percent on a seasonally adjusted basis from one year
earlier. The Refinance Index also decreased, falling 8 percent from the
previous week, while the Purchase Index rose 2 percent. To read the entire MBA
press release,
click
here.