Mortgage Applications Slip 8.2%

07 Jan 2009

The volume of mortgage loan applications fell 8.2% for the week ending Jan. 2, but was still up 28.3% from a year ago, according to the Mortgage Bankers Association, citing its Market Composite Index.

The volume of mortgage loan applications fell 8.2% for the week ending Jan. 2, but was still up 28.3% from a year ago, according to the Mortgage Bankers Association, citing its Market Composite Index. Meanwhile, the MBA’s Refinance Index slid 12.3% from the previous week, with the refinance ...

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