Mortgage application activity slowed further during the week ended June 4, a short business week due to Monday’s Memorial Day holiday. The impact of the holiday was magnified in annual comparisons because it occurred a week earlier in 2020. The Mortgage Bankers Association said its Market Composite Index, a measure of mortgage application volume, decreased 3.1 percent on a seasonally adjusted basis compared to the prior week and was down 13 percent on an unadjusted
The Link LonkJune 10, 2021 at 02:52AM
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Mortgage Application Volume Declined on Holiday-Shortened Week; Rates Move Lower Again - Appraisal Buzz
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