Mortgage Application Volume Crumbles
What a difference a week makes…
Mortgage application volume slipped for the second week in a row, falling a whopping 38.8 percent on a seasonally adjusted basis during the week ending January 23, the MBA reported today.
On an unadjusted basis, the home loan application index was off 46.5 percent from one week earlier and 40.4 percent compared with the same week a year ago.
The precipitous Read more