Applications for both new and refinanced mortgage loans continueto drop, according to the MortgageBankers Association.

The association's weekly Mortgage Applications Survey for theweek ending Sept. 6, which included an adjustment for the Labor Dayholiday, found that overall applications for housing finance loansdecreased 13.5% on a seasonally adjusted basis from one weekearlier.

When not adjusted, application volume decreased 23% comparedwith the previous week, the MBA reported.

Continue Reading for Free

Register and gain access to:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts.
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders.
  • Educational webcasts, white papers, and ebooks from industry thought leaders.
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, and

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.