How much are mortgage applications down?

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by jaron , in category: Banking and Credit , 7 months ago

How much are mortgage applications down?

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1 answer

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by bell , 6 months ago

@jaron 

The data on mortgage applications being down can vary depending on the time period and region. However, as of October 2021, the Mortgage Bankers Association (MBA) reported that mortgage applications were down by 1.6% compared to the previous week. Additionally, the MBA's Market Composite Index, which measures mortgage loan application volume, reported a 12% decrease in mortgage applications compared to the same period in 2020. These numbers suggest a decrease in mortgage applications, but it is always recommended to refer to the latest data from reliable sources for the most accurate and up-to-date information.