Mortgage applications fell 0.1% in the week ending November 4

WASHINGTON, DC, Nov. 9, 2022 – Mortgage applications are down 0.1% from a week ago, according to data from the Mortgage Bankers Association’s (MBA) weekly mortgage application survey for the week ending Nov. 4, 2022. Did.

The Market Composite Index of mortgage loan applications was down 0.1% from a week ago on a seasonally adjusted basis. On an unadjusted basis, the index decreased by 2% compared to the previous week. The refinancing index was down 4% from the previous week and 87% lower than the same week a year ago. The seasonally adjusted purchasing index is up 1% from a week ago. The unadjusted purchasing index was down 1% compared to the previous week and 41% lower than the same week a year ago.

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