Mortgage applications nationwide decreased 3.8% for the week ending April 13, 2012, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey.
- The Purchase Index increased 2.7%
- The Refinance Index decreased 5.6%.
The Mortgage Bankers Association (MBA) is the national association representing the real estate finance industry. Its membership of over 2,200 companies includes all elements of real estate finance: mortgage companies, mortgage brokers, commercial banks, thrifts, Wall Street conduits, life insurance companies and others in the mortgage lending field.
For additional information, visit MBA's web site: www.mortgagebankers.org.