Weekly Mortgage Applications – 05-09-15

Weekly Mortgage Applications - 05-19-15 (1)

  • Mortgage applications decreased 3.5 percent in the week ended May 9th, 2015
  • We have had 3 consecutive weeks of mortgage application decreases
  • Understandably, mortgage apps tend to move in the reverse direction of rates.Last 4 weeks of rate increase are reflecting in lowering of mortgage apps
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