Consumer mortgage application activity also went down 7.3 percent from the prior week, yet up 17 percent in comparison to the same week just one year ago. (secureloanconsolidation.com)
The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity, which includes both refinancing and home purchase demand, fell 5.5 percent to 374.6 in the week ended December 13. (news-to-use.com)
Demand for mortgages on purchases of homes rose for the third consecutive week last week while applications for refinancing decreased, according to The Mortgage Bankers Association's (MBA's) seasonally adjusted index of overall mortgage application activity. (theamericangenius.com)