Thursday, April 4, 2013

Mortgage applications decreased four percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending March 29, 2013. The Market Composite Index, a measure of mortgage loan application volume, decreased four percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index also decreased four percent compared with the previous week. The Refinance Index decreased six percent from the previous week. The seasonally adjusted Purchase Index increased one percent from one week earlier. The unadjusted Purchase Index increased two percent compared with the previous week and was 4 percent higher than the same week one year ago. National Mortgage Professional _________________________________________________________________ California Apostille Service - Sacramento Mobile Notary

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